This setup aims to ride the momentum of a well-defined ascending channel while using the 200MA for risk management. If FTM holds in this channel, it could keep pushing higher. However, if it breaches the 200MA decisively, it may signal a deeper pullback or trend shift. Rising Channel: FTM has been respecting a clear ascending channel on the daily timeframe,...
the price is moving in this channel I believe this go up to 2.2X price on the next move.