Fantom is Aiming to the Downside after Breaking Out of the Triangle
Fantom prices have formed a triangle pattern during the last three days, and today prices have broken out of the patter to the downside. A breakthrough was confirmed by a retest of the triangle support. I would recommend to consider short positions in this regard from the current 0.1996-0.2008 area to 0.1918, the low of August 22. The stop-loss could be set at 0.2052, the high of September 5.
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