$FTM - doomed in Lower TimeFrame

Hello my Fellow TraderZ,

In my previous analysis about FTM on Daily, I made a cautious statement regarding its PULLBACK to test the EMA55 on Daily at the least.

If you see here on lower TF, price has broken the support TL. So, I am expecting a slight above move to retest the broken TL(looking at S.RSI) and continue the down path.

BUT If the price reclaims the TL then this down move would be a FAKEOUT & price could once again tend to retest the Major above TL(Daily).

Be patient, anyside FTM will move rapidly.

Happy Trading. CHEERS!!!