Here's a quick look at FTT 2 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. There's also a possible head & shoulder pattern which is bearish. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume.
If we break below the symmetrical triangle, then im looking for 60$ FTT.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 74$
2. 84$
3. 99$
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