🔥 FTM Going Parabolic: Minor Correction Ahead
Some time ago I made an analysis on FTM and the falling wedge pattern. My assumption was that a bullish break out would lead to an inevitable pump in price. All targets have been hit recently, congratulations on the trade.
FTM rose faster than expected, gaining almost 60% after the break out. Currently, I'm looking for a minor correction towards the yellow support area. Worst case we re-test the red area.
In the end, FTM will resume the bullish uptrend. Targets in blue.
FTM rose faster than expected, gaining almost 60% after the break out. Currently, I'm looking for a minor correction towards the yellow support area. Worst case we re-test the red area.
In the end, FTM will resume the bullish uptrend. Targets in blue.
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🔥Premium Signals: fierytrading.com
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