$FORTH 4H Chart Analysis: Bullish Momentum Building
🔹 Market Structure:
#FORTH is showing a bullish trend with HHs & HLs.
🔹 Current Status:
The price is in a correction phase and is expected to retrace towards the 200 EMA and the support zone.
🔹 Prediction:
A retest of this zone could lead to a bounce, resuming the bullish trend and aiming for higher levels. This could be a great entry point for long positions if the support holds.
🔹 Stop Loss (SL): $2.846
Tip: Wait for confirmation on the retest before entering.
