FTM IN 4H TIME FRAME

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Hi dear traders
The price is moving below the 0.7492 support, which was lost with selling pressure.
If the downward trend continues, the price will probably move towards the support of 0.6649. The next support area is 0.6355.
On the other hand, if the price can stay near the support level of 0.7492 and return from this level, we will probably see the price move towards the resistance level of 0.7730.
Overall, the trend of the chart indicates a downward correction.
Let's see what happens
This is not financial advice ( DYOR )
Good luck 👍


Uwaga
Notice: if 0.7492 test as resistance, we can open short position with suitable R/R
First target 0.7072
Second target 0.6649
Let's see what
Zlecenie aktywne
Short position active
Uwaga
Running well
Uwaga
Tp1 hit🎯
Transakcja zamknięta: osiągnięto wyznaczony cel
Tp2 hit 🎯
Transakcja zamknięta: osiągnięto wyznaczony cel
Tp3 hit🎯
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