FTM has shown strong support on the 200EMA and is currently bouncing for the second time since falling out of the bull channel. It appears we have a clear runway to the Weekly Resistance at $0.42.
How do we trade this?
All of the data points indicate that we should long with the exception of the RSI which shows the price as fairly overbought. However, Price...
This symbol is ready to cross the LT (Liquidity Tank) zone. We have changed the structure and everything is ready to climb. Don't forget capital management and stop.
Comment if you have any questions
Thank You
I think we will go up to the OB zone and undergo correction again.
This resistance is FRESH. There is no obstacle to go up to the OB area
Comment if you have any questions
Thank You
Hi Traders;
$FTM Inverted Head & Shoulders Breakout and Retest of Neckline Done, Entry at those levels and Targets are mentioned in the chart.
STOPLOSS 1 Day Close Below 1.1$.
NFA, DYOR? and Good Luck.
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