Short $FIL , sellers need to defend 0.865 on the 4H.
I want a rejection in this zone, 0.8629 to 0.8645. A close above 0.873 and I drop the idea.
4H sits at 0.864, below the EMA50 at 0.897, so structure still leans down. Daily is below the EMA200 at 0.923, the bigger picture backs it. 1.1% to the stop, 1.7% to TP3, roughly 1.6R to the last target.
SHORT 0.8629–0.8645
TP 0.8581 / 0.8543 / 0.8487
SL 0.8731
Rejection at 0.865, or a push through it?
Not advice, size it yourself.
I want a rejection in this zone, 0.8629 to 0.8645. A close above 0.873 and I drop the idea.
4H sits at 0.864, below the EMA50 at 0.897, so structure still leans down. Daily is below the EMA200 at 0.923, the bigger picture backs it. 1.1% to the stop, 1.7% to TP3, roughly 1.6R to the last target.
SHORT 0.8629–0.8645
TP 0.8581 / 0.8543 / 0.8487
SL 0.8731
Rejection at 0.865, or a push through it?
Not advice, size it yourself.
