$FIL
Lower highs and lower lows on the 4H timeframe confirm a solid bearish trend. Sellers defended the dynamic resistance aggressively, indicating bearish continuation. Momentum indicator reads 48.6, confirming healthy selling strength. Risk/Reward ratio is highly favorable here; expecting a steady decline to hit the projected levels.
ENTRY: 0.71263 - 0.71477
TARGETS: 0.70514 - 0.69229 - 0.67088 - 0.62806
STOP LOSS: 0.7708
Lower highs and lower lows on the 4H timeframe confirm a solid bearish trend. Sellers defended the dynamic resistance aggressively, indicating bearish continuation. Momentum indicator reads 48.6, confirming healthy selling strength. Risk/Reward ratio is highly favorable here; expecting a steady decline to hit the projected levels.
ENTRY: 0.71263 - 0.71477
TARGETS: 0.70514 - 0.69229 - 0.67088 - 0.62806
STOP LOSS: 0.7708