Updated
FTM intraday TRBO
Potential TRBO (Trendline Resistance Break Out) play for 
FTM 1hour time frame. Bounce on a 0.5 Fibonacci level and the price has been bouncing on that level if you will check the past price data.
- Wait for CCC. Enter on CCC.
- 1hr MACD bull cross already
- Right Hand (Bullish Convergence)
FTM 1hour time frame. Bounce on a 0.5 Fibonacci level and the price has been bouncing on that level if you will check the past price data.- Wait for CCC. Enter on CCC.
- 1hr MACD bull cross already
- Right Hand (Bullish Convergence)
Note
Update:Bearish Scenario
TSBD
- Wait for OSURE (Old Support Used as Resistance)
the TRBO can be the OSURE of this set up if TSBD on a bigger picture confirms.
Be conservative on TP levels.
Stay defensive.
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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.
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.