We finally see FTM breaking the downward trendline yesss!
Now there are 2 short term scenarios that could happen: Bullish Continuation We need see price breaking above 0.33 that would confirm bullish bias to the upside Target: 0.38 - 0.40 area
Bearish Continuation Price would correct itself down to liquidity area. Target: 0.24 - 0.20 area
We'll see how it plays out. Market has gotten all greedy these days!
Trade Safely, Kina 😄
Trade closed: target reached
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The Bearish Continuation played out and got hit and after that and it went onto the Bullish Continuation mode so both scenarios played exactly as expected above.