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FTM - Trend-Following Setup!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

FTM is overall bullish, broke above the 2.0 round number, and now retesting it, so we will be looking for buy setups on lower timeframes.

on H1: FTM is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, FTM would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

TheSignalyst

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