FANTOM - Easy Corrective Play ✅
Fantom is currently in Wave B correction = 3 subwaves. We have almost finished subwave B and looking to capitalise on subwave C.
Trade idea:
- Watch for a break of the red trendline for confirmation that we've started wave C
- Risk entry can be done on lower timeframe once reversal pattern appears
- Stops below price once red trendline breaks
- Target: 5 and then taper and get ready to short
Goodluck and as always, trade safe!
Trade idea:
- Watch for a break of the red trendline for confirmation that we've started wave C
- Risk entry can be done on lower timeframe once reversal pattern appears
- Stops below price once red trendline breaks
- Target: 5 and then taper and get ready to short
Goodluck and as always, trade safe!
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