$FTM volume sitting at 0.3x the weekly average tells a story most traders misread completely
Price is down 0.8 percent at $0.69940 while the rest of the market watches the range between $0.69000 and $0.71110
Trading a move without volume is like pushing a car in neutral on flat ground because nothing actually follows through
Right now $FTM is sitting 16.1 percent below the seven day high of $0.83340 with almost zero fuel behind it
Open your exchange and check the daily volume bar against the seven day moving average line to see this ratio yourself
Real momentum leaves big footprints while low volume drifts mean the move is running on fumes
What is your cutoff volume ratio before you trust a breakout
#FTM #TradingTips
Price is down 0.8 percent at $0.69940 while the rest of the market watches the range between $0.69000 and $0.71110
Trading a move without volume is like pushing a car in neutral on flat ground because nothing actually follows through
Right now $FTM is sitting 16.1 percent below the seven day high of $0.83340 with almost zero fuel behind it
Open your exchange and check the daily volume bar against the seven day moving average line to see this ratio yourself
Real momentum leaves big footprints while low volume drifts mean the move is running on fumes
What is your cutoff volume ratio before you trust a breakout
#FTM #TradingTips