$FIL is testing the key resistance at $1.20 on the 4H timeframe, but trading volume remains relatively thin. There is a high probability of a fakeout above $1.20 before a pullback to retest lower support levels.
📊 Trading Setup
– Entry Zone: $1.04 – $1.07
– Stop Loss: $0.98
– Targets: $1.20 | $1.32
💡 Patience is key—avoid chasing the breakout at resistance and wait for a cleaner entry!
📊 Trading Setup
– Entry Zone: $1.04 – $1.07
– Stop Loss: $0.98
– Targets: $1.20 | $1.32
💡 Patience is key—avoid chasing the breakout at resistance and wait for a cleaner entry!