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FANTOM - LONG SETUP

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FTMUSDT on the daily timeframe since its recent bullish impulse has now provided us with a correction and just bounced of the 0.50 fibonacci, after a impulse and correction we can expect to see the continuation to the upside and market to form a new higher high from a daily perspective, if we drop down to the 4hr timeframe we can see price has broke below this area of structure so its to early to look for a long, BUT if the market manages to close back above this zone on the retest we can look to enter a nice long.

Feragatname

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