🔥 FTM Strong Reversal Expected From Perfect Point

A few days ago I made an analysis on FTM. Here I argued that FTM was facing a correction after hitting the top of the channel.


As it seems now, FTM indeed needed this correction. We're currently trading near the previous all-time high, as well as the channel's support. If I had to pick a perfect area of reversal, it would be here.

Aggressive traders will step in now, more risk-averse traders should wait for a strong reversal candle before stepping in. Main target is the current all-time high around $3.45.

Happy trading!