Fantom Is In A Bullish Resumption As Expected

Fantom with ticker FTMUSD bounced perfectly as expected after we mentioned and highlighted final wave 5 of (C) of B/2 on September 26th.

(Click on image to enlarge)

ftmsep26

As you can see, it’s now sharply and impulsively up back above channel resistance line and 0.33 first bullish evidence level, which is an indication that higher degree wave C/3 is in progress now, especially if breaks back above 0.55 bullish confirmation level. So, more upside is in view, just be aware of short-term corrective pullbacks.

(Click on image to enlarge)

ftmnov17

 


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 For more analysis visit us at www.wavetraders.com and make sure to follow us on Twitter (https://twitter.com/GregaHorvatFX) 

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