FANTOM - Bulls Are Done. Bears Coming In!

٥ أبريل ٢٠٢٤

Following on from our last analysis of Fantom, we closed our long setup with over 200% gains!

We are now looking to take Fantom short. On the higher timeframe, we are in wave 2, which is an ABC correction. We are now looking for wave C to take Fantom down.

Trade idea:
- Safe entry on break of red trendline
- risk entry on lower timeframe trendline break
- tight stops above the highs when either entry trendline breaks
- Targets: 0.17, 0.07


Please note that we have confirmations in place in order to tell us whether we're in wave C and to confirm our short idea.

Goodluck and as always, trade safe!

See our previous setup below:

١٧ أغسطس ٢٠٢٤

ملاحظة

Running 75% Profit (Raw Gains)