FTM SHORT trade IDEA

Hello, due to a lack of volume in the market I haven't been posting as many updates in coins although we are still looking for opportunities everyday.

Analysis: In our previous LONG trade, we long from 0.35 to 0.53 netting a 51.93% profit. Our target was the #3 possible breakout on the white resistance line. However, we have been struggling to break past the resistance and are looking likely for a due correction to 0.38-0.41 level (green box).

Target: 0.39-0.41

Stop loss: 0.47 (break above )

Timeframe: 1D

Yorum:

Closed my trade here. Target almost reached.

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