Long
🔥 FTM Attempting Break Out: Change Of Trend?
Over the last months, FTM has been trading inside a falling wedge pattern. These patterns are classically bullish reversal patterns so that's what we're going to discuss today.
FTM has seen it's best two days in well over a month now, which could signal a short-term trend change from bearish to bullish.
I'm looking at the yellow area for clarity. A break out will likely lead to more longs piling into FTM, blue lines as targets.
A reversal from the yellow area might signal more pain to come. Be patient.
FTM has seen it's best two days in well over a month now, which could signal a short-term trend change from bearish to bullish.
I'm looking at the yellow area for clarity. A break out will likely lead to more longs piling into FTM, blue lines as targets.
A reversal from the yellow area might signal more pain to come. Be patient.
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Related publications
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.