Hi guys, today I'd like to briefly discuss
FTMUSDT.P
. Yesterday I got a short on it since it tapped the ADR High twice and because it was also really extended. Now, we have the exact same scenario! I have my Stop Loss above the M formation, we could see a Head and Shoulders pattern also, so don't freak out if you are in a loss for some time. I really like this short, it has a decent Risk/Reward Ratio. Good luck and happy trading!
Comment:
We set our SL breakeven
Trade closed: target reached:
Some wierd moves. SL Breakeven, we out :P