FTR - higher bottom and possible continuation pattern

21 apr 2019

FTR has formed a nice bottom and can be a good short term play. It is currently trading in the middle of a channel so would wait for it to either pull back and then enter the trade. However, short term it looks like a continuation pattern and if entering at this level it could push up to the 3.00 level for a nice 0.50 profit. Remember to cut losses if the trade goes against you.