Long

Bullish Flag at Fantom FTM

380
Hello trader,

there could be an nice formation of a Bullish Flag at Fantom.

When we will see a bullish confirmation at round about 1$ with a daily and 618 Fib support, there could be a good chance for a nice long trade.

When we leave the channel, we could set another entry and with the setup for both entries:

  • Take Profit 1 at 1.27$
  • Take Profit 2 at 1.45$


Maybe you should stay with 10-15% of your entries in the trade.
When we break the resistance line of 1.45$ constantly, the next target is 1.65$.

Could we see a new alltime high? I have no idea. But when, we are prepared :)


Lets keep our eyes open for this :)

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Just remember - this is just an option and an idea of myself.
U can use my idea to do your own research and always take care of your risk management!

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Feel free to like and comment my post, if u like it :)

I wish you some profitable trades!

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