I'm recently asked about FTM and i will give a quick update;
FTM is the most clear on the weekly timeframe for me, we need to set a higher low.
Now it will depend where we set the higher low to know if the most likely scenario is to have a equilibrium ( a tight range ) or go straight to a higher high.
Now we pulled back for about 50 %. the more we pullback the less chance to set a higher high upcoming weeks.
For the weekly higher low to be set , we first need a daily trend change.
For every new follower i will add new idea :)
FTM is the most clear on the weekly timeframe for me, we need to set a higher low.
Now it will depend where we set the higher low to know if the most likely scenario is to have a equilibrium ( a tight range ) or go straight to a higher high.
Now we pulled back for about 50 %. the more we pullback the less chance to set a higher high upcoming weeks.
For the weekly higher low to be set , we first need a daily trend change.
For every new follower i will add new idea :)