Chart Idea - FTMUSDT Swing Long

FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.

Bounced
- from the 0.786 fib level
- from upward diagonal support
- from the diagonal support which was the resistance last year in Feb 2023

Entry: 0.76
TP: 1.95
SL: 0.618

It's a swing trade and could take weeks to play out. Will keep on updating on this thread.

Comentário:

Correction in the third confirmation above desc. It was a typo:

FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.

Bounced
- from the 0.786 fib level
- from upward diagonal support
*** - from the horizontal support which was the resistance last year in Feb 2023 ***

Entry: 0.76
TP: 1.95
SL: 0.618

It's a swing trade and could take weeks to play out. Will keep on updating on this thread.

Trade ativo:

Beautifully retraced to fib level 618 and now it's on it's way up towards its TPs.

Trade ativo:

Trade is beautifully working and on it's way towards the TP

Trade fechado: stop atingido:

SL Hit.