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UnknownUnicorn1314136

FTFT 30 Min candles possible path to profits IMO

Future FinTech Group Inc. (NASDAQ:FTFT)  
UnknownUnicorn1314136 Updated   
NASDAQ:FTFT   Future FinTech Group Inc.
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Trade details on chart. I have a small long position currently at 5.07 avg, if this pattern follows through I will be likely doubling my position, in the hopes of cutting avg in half, winding up with avg 4.1s-4.2s. An avg in this area puts me in a position to be very profitable here in my opinion. I do believe the loss of trend support that occurred the last hour of trading on Friday, Jan 5 indicates the H&S pattern will materialize with a breakdown out of it. Possibility that a hammer reversal candle is formed, with a long wick touch to the 3.06ish area, serving as a close to the gap below. If price action can fight back up to close in the 3.6s, it sets up this pattern for profitability in my opinion. FTFT
Comment:
Comment:
Follow up-Dropped to 3.90, then immediately shot back up to 6.10. Not exact touches of PT's, but very profitable trade was still available.
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