FTM has recently had an impulse move higher with a few days of collective retracement. I’m watching for FTM to make a breach of that recent high, and think we are nearing a bottom for this corrective wave.
I have the green line on chart as what looks like it would be an ideal entry currently, but will be watching the lower timeframe charts for when an actual buy confirmation arises. If this happens when I am awake and able to observe, then I’ll make a separate post for the lower timeframe. Until then, just keep an eye on FTM and see if it fits your trading criteria.
FTM has recently had an impulse move higher with a few days of collective retracement. I’m watching for FTM to make a breach of that recent high, and think we are nearing a bottom for this corrective wave.
I have the green line on chart as what looks like it would be an ideal entry currently, but will be watching the lower timeframe charts for when an actual buy confirmation arises. If this happens when I am awake and able to observe, then I’ll make a separate post for the lower timeframe. Until then, just keep an eye on FTM and see if it fits your trading criteria.