I was looking at FTT chart from HTF perspective and I could not unsee the similarities I saw in the beginning of the uptrend. We can clearly see HHs and HLs which confirm the uptrend but if you watch the double retest of trendline with EMA 12/21 crossing up - it started a huge move upwards to the new ATH. All I am saying is that it is looking like the trend line is gonna get double retested again and EMA 12/21 is on the verge of crossing up. I am gonna be closely watching FTT and if the 2nd retest of trend line holds (could be also wick to range low - $35), there is only one destination - somewhere up - possibly new ATH.
From LTF perspective, FTT is tradable within range $35 - $61 - buy low, sell high (take profit around mid range already imo :) )
From LTF perspective, FTT is tradable within range $35 - $61 - buy low, sell high (take profit around mid range already imo :) )
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
