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FTM CORRECTION INCOMING

FTM has seen a lot of growth the past few months, however it is due for a correction.
Looking at the chart we can see price always retraced back to the .786 fib support after each impulsive wave,
should we get that same retracement, FTM will be on a discount price at just below $1
Coupled with the bearish Divergence it seems just about right to me.
Did the analysis on a 1D Timeframe originally but uploading the 1W chart to avoid cluster and improve visibility.
Hope this helps.
Looking at the chart we can see price always retraced back to the .786 fib support after each impulsive wave,
should we get that same retracement, FTM will be on a discount price at just below $1
Coupled with the bearish Divergence it seems just about right to me.
Did the analysis on a 1D Timeframe originally but uploading the 1W chart to avoid cluster and improve visibility.
Hope this helps.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.