FTM is now sitting above the 50 EMA after a slowly recovery grind.
It is facing cloud resistance and once it makes it's way out it would hit the next few targets (70/90).
If it retraces under 50 sats and closes the daily that way, then the trend would now be consider bearish and it should be a signal to fly the coop and look for other setups.
What'd you all think ?
It is facing cloud resistance and once it makes it's way out it would hit the next few targets (70/90).
If it retraces under 50 sats and closes the daily that way, then the trend would now be consider bearish and it should be a signal to fly the coop and look for other setups.
What'd you all think ?
Trade closed: target reached:
After going for weeks bouncing around our first target FTM surpassed all of the targets (reached 140). This trade is now closed.
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