Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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FTMUSDT, INVERSE HEAD AND SHOULDERS PATTERN FORMING!
As we clearly see price is clearly overall bearish making clean lower lows and lower highs
However, price is approaching a massive support zone!
Where we will be searching for new longs from a long-term perspective
So, for now what!?
As the price is trading lower price is forming an inverse head and shoulders pattern
For the bulls to kick in, we need a break above our neckline
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!