FTM Short : Rising Wedge & H&Ss Pattern

SUMMARY: Short, trend is fatiguing after a parabolic run up, price has put in a lower higher and lower low.

We have a rising wedge, Head and Shoulders , and descending triangle.

There is also a Wyckoff distribution pattern in play, with a buying climax, a further up thrust and buyers becoming exhausted, Buyers sign of weakness.


I will target a $2 zone to start accumulating more. FTM.