Chart Idea - FTMUSDT Swing Long
Updated
FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.
Bounced
- from the 0.786 fib level
- from upward diagonal support
- from the diagonal support which was the resistance last year in Feb 2023
Entry: 0.76
TP: 1.95
SL: 0.618
It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
Bounced
- from the 0.786 fib level
- from upward diagonal support
- from the diagonal support which was the resistance last year in Feb 2023
Entry: 0.76
TP: 1.95
SL: 0.618
It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
Note
Correction in the third confirmation above desc. It was a typo:FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.
Bounced
- from the 0.786 fib level
- from upward diagonal support
*** - from the horizontal support which was the resistance last year in Feb 2023 ***
Entry: 0.76
TP: 1.95
SL: 0.618
It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
Trade active
Beautifully retraced to fib level 618 and now it's on it's way up towards its TPs.Trade active
Trade is beautifully working and on it's way towards the TPTrade closed: stop reached
SL Hit.
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