1D time frame
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FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide...
entered these a little hastily a little while ago but i'm thinking there may be just a tad more bullish price action to squeeze out from the insane moves we've seen recently.
i'll be playing these really defensive, moving stops up and scaling out as needed
FTM consolidating right over the Cup and handle support trendline.
Looks ready for a bounce hope you bought the dip around $2.85.
To stay on the safer side do place your Stoploss!
If everything plays well I expect a massive pump as per this chart in FTM
If you haven't bought it yet you can enter at CMP and place your SL at $2.74
Low-RIsk High...
