Fantom has been breaking higher and higher for a long time now. We can see that there have been multiple times where we broke structure and retested it.
We are approaching a recent structure level now where we may get a bounce. Keep an eye out for a bullish bounce and enter with stops below the bounce.
If we do not get a structure bounce, watch for price to bounce off the ascending trendline.
We are approaching a recent structure level now where we may get a bounce. Keep an eye out for a bullish bounce and enter with stops below the bounce.
If we do not get a structure bounce, watch for price to bounce off the ascending trendline.