Hello everyone, if you like the idea, do not forget to support with a like and follow.
FTM is sitting around strong weekly demand in blue so we will be looking for buy setups.
on H4: FTM formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy.
Meanwhile, until the buy is activated, FTM would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FTM is sitting around strong weekly demand in blue so we will be looking for buy setups.
on H4: FTM formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the last swing high (in gray) to buy.
Meanwhile, until the buy is activated, FTM would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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Use Coupon: TV6 on www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal