FTM IN 4H TIME FRAME

Updated

Hi dear traders
The price is moving below the 0.7492 support, which was lost with selling pressure.
If the downward trend continues, the price will probably move towards the support of 0.6649. The next support area is 0.6355.
On the other hand, if the price can stay near the support level of 0.7492 and return from this level, we will probably see the price move towards the resistance level of 0.7730.
Overall, the trend of the chart indicates a downward correction.
Let's see what happens
This is not financial advice ( DYOR )
Good luck 👍

Note

Notice: if 0.7492 test as resistance, we can open short position with suitable R/R
First target 0.7072
Second target 0.6649
Let's see what

Trade active

Short position active

Note

Running well

Note

Tp1 hit🎯

Trade closed: target reached

Tp2 hit 🎯

Trade closed: target reached

Tp3 hit🎯
Full Target

Th57Trader

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