I will short FTM on a break down below $0.5027.
The trade is valid as long as FTM doesn't reclaim $0.535.
This is a good place to short but if it turns, it is also a good place to long, so don't hesitate to cut it if it starts to look strong.
There are two targets, first one is Mid Range at $0.39, second one is Range low at $0.17.
Good luck.
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The trade is valid as long as FTM doesn't reclaim $0.535.
This is a good place to short but if it turns, it is also a good place to long, so don't hesitate to cut it if it starts to look strong.
There are two targets, first one is Mid Range at $0.39, second one is Range low at $0.17.
Good luck.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
Comment:
Price squeezed to $0.535 but it didn't reclaim it, son no strenght. That was a good place to enter a short with a tight SL just sbove the wicks. Now to get my short bag full size, I will wait for a reaction of $0.527, if we get one.
Comment:
Secured some profits. Trailing stops. Will add on any bounces.
Comment:
First target hit.