Around two weeks ago I made an analysis on FTM and the fact it reversed from a strong area of resistance. Since then, both my bearish targets have been hit, congratulations if you took the trade.
For now, I'm waiting for FTM to show me more clarity, since it can both ways realistically. Since downward is the most probable direction, I'm looking at the bottom dotted support for a potential bounce.
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.