🔥 FTM Bouncing From Triangle Support: Big Move Coming?

29 באפר׳ 2023

FTM has generally been trading in a range after topping late January. As seen on the chart, we can draw a triangle on the chart when connecting the lows and the highs.

The lows have previously occurred at the time that the 8H RSI hits oversold levels.

In my view, it's a decent time to step into FTM at the moment. We're coming from a strong support and oversold levels. Target is the top of the triangle.