Long
Fantom – Long Entry Based on wick fill.
In a previous TV idea, I suggested a S/R flip long trade for FTM (linked).
Unfortunately, the market is bearish, and I think that this trade is not a high-confidence setup.
I would like to suggest another trade setup based on the wick-fill strategy. This trade has a higher chance of success IMO. Trade Idea
Entry: 0.2256 (50% of the wick)
SL: 20.90 (below the wick)
Target: 0.33
TP: 0.258, 0.33
R: R: 1:6.6
Unfortunately, the market is bearish, and I think that this trade is not a high-confidence setup.
I would like to suggest another trade setup based on the wick-fill strategy. This trade has a higher chance of success IMO. Trade Idea
Entry: 0.2256 (50% of the wick)
SL: 20.90 (below the wick)
Target: 0.33
TP: 0.258, 0.33
R: R: 1:6.6
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.