After deeply analyzing FTM's market behavior I came across a notable similarity from its previous consolidation.
Fib. levels from the current consolidation are almost identically crossed, resisted, and supported by the previous consolidation's fib levels. Hence, I decided to retrace the market movements from both consolidations which both represent their actual size in that specific graph. It showed that they are very similar to one another, almost identical if stretched.
It does not conclude anything but I thought it could be yet another aspect to take into consideration because market consolidations tend to behave similarly.
Fib. levels from the current consolidation are almost identically crossed, resisted, and supported by the previous consolidation's fib levels. Hence, I decided to retrace the market movements from both consolidations which both represent their actual size in that specific graph. It showed that they are very similar to one another, almost identical if stretched.
It does not conclude anything but I thought it could be yet another aspect to take into consideration because market consolidations tend to behave similarly.