FET just tapped into a strong supply zone and formed a rising wedge — usually a bearish sign. Price looks weak here and might break down soon.
If the wedge breaks, I’m looking for a short setup.
Entry: 0.716 - Wait for breakdown
Stoploss: 0.746
Target 1: 0.685
Target 2: 0.657
Target 3: 0.607
Waiting for confirmation before jumping in. Let’s see how it plays out.
If the wedge breaks, I’m looking for a short setup.
Entry: 0.716 - Wait for breakdown
Stoploss: 0.746
Target 1: 0.685
Target 2: 0.657
Target 3: 0.607
Waiting for confirmation before jumping in. Let’s see how it plays out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.