FTM has broken through a 6-month resistance. This might be the moment that bulls have been waiting for to step in.
Note the break-out and consequential retest of the diagonal resistance. This often means that the switch in trend has been confirmed and that we will continue to go this way.
To get the best risk-reward, I put the stop below the daily low and the target at the April highs.
Note the break-out and consequential retest of the diagonal resistance. This often means that the switch in trend has been confirmed and that we will continue to go this way.
To get the best risk-reward, I put the stop below the daily low and the target at the April highs.
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