FTM expecting deep crab retracement
FTM did punch through descending broadening wedge resistance, forming a new higher high. However, the bull deep crab pattern it's in typically will do a deep (near 1.0 or greater) retracement from the initial point. The shape of the cup may looks something like the yellow path (or even lower)...
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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.