FR40: Possible rebound

FR40, Daily

In the Daily timeframe, FR40 has almost reached an all-time high! At the same time, the price crossed the upper Bollinger line, and the %R confirms that it is overbought. At the same time, the CCI is ready to exit the overbought zone.

• It is possible to consider selling FR40 on a bounce from the all-time high with a downside target of 7950;