Singkat

FTM. POSSIBLE PULL BACK IN THE MAKING

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FTM has only been under the 200 moving average on the 4 hour chart one time in the past. we made a few re-tests, but failed.

We are below it again, and failed the first re-test.

It could start to trend down to my purple support trendline, and we could be seeing a bounce in the 1.80 area.

If we break the purple support line, we can find further support in the 1.56 area.

Next support levels are 1.26, and 0.96 areas

we also have resistance in the 2.44 area

Penafian

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