Updated
FTMUSDT - LONG?
Chart speaks for itself,
We are coiling up in an ascending triangle - usually a continuation pattern when in a macro trend ( bullish in this case)
- Confirm breakout when price leaves wedge in either direction
- As you can see,,the short play on this has a target profit less than that of the bullish scenario - this is because we are in a bull market, don't short sell in bull markets!!
We are coiling up in an ascending triangle - usually a continuation pattern when in a macro trend ( bullish in this case)
- Confirm breakout when price leaves wedge in either direction
- As you can see,,the short play on this has a target profit less than that of the bullish scenario - this is because we are in a bull market, don't short sell in bull markets!!
Note
Nailed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.