$FORM Reversal Power Surge....
$FORM has staged a strong V-shaped recovery from 2.2788, slicing through resistance levels with back-to-back green candles. With volume pushing over 70% on the buy side, bulls are clearly in control.
Long Trade Setup
• Entry Zone: 2.58 – 2.63
• TP1: 2.82
• TP2: 3.05
• TP3: 3.28
• Stop Loss: Below 2.48
If momentum continues and buyers defend the breakout zone, this move has the potential to evolve into a mid-term trend reversal.