FTM IN 4H TIME FRAME

21 oct

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 👍

21 oct

Nota

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

21 oct

Operación activa

Short position active

22 oct

Nota

Running well

22 oct

Nota

Tp1 hit🎯

23 oct

Operación cerrada: objetivo alcanzado

Tp2 hit 🎯

25 oct

Operación cerrada: objetivo alcanzado

Tp3 hit🎯
Full Target