$FIL is taking a breather after a strong rally, but a pause alone isn’t enough to call the next wave.
Bullish CHoCH above 1.108100 and an expansion candle with volume 4.45× the average reinforce the bullish bias, while the H1 close at 1.239600 is still below the 1.2464 trigger
Wyckoff suggests potential reaccumulation within 1.2036–1.2766, but the latest volume is only 0.53×, showing that money flow has yet to confirm a continuation rally
The heatmap places estimated liquidation clusters at 1.275–1.280 above and 1.187–1.202 below: these are zones to watch for price reactions, not promises of profit
Will FIL turn this pause into a launchpad, or will buyers’ patience be tested further?
CONDITIONAL LONG MAP
• Trigger: H1 close above 1.2464 — not confirmed yet
• Entry: 1.213–1.219
• Sequence: trigger appears → retest holds 1.203600 → H1 confirms a bounce
• SL: 1.202
• TP1: 1.2576 → 2.97R
• TP2: 1.2766 → 4.33R
• Setup invalidation: H1 close below 1.203600
BULLISH BIAS — NO ENTRY YET
R is calculated from the 1.216 midpoint, excluding fees and slippage; recalculate using the actual fill price
A deeper retest needs to reclaim 1.2464 for continuation; without the full sequence, don’t enter the trade!!!
Bullish CHoCH above 1.108100 and an expansion candle with volume 4.45× the average reinforce the bullish bias, while the H1 close at 1.239600 is still below the 1.2464 trigger
Wyckoff suggests potential reaccumulation within 1.2036–1.2766, but the latest volume is only 0.53×, showing that money flow has yet to confirm a continuation rally
The heatmap places estimated liquidation clusters at 1.275–1.280 above and 1.187–1.202 below: these are zones to watch for price reactions, not promises of profit
Will FIL turn this pause into a launchpad, or will buyers’ patience be tested further?
CONDITIONAL LONG MAP
• Trigger: H1 close above 1.2464 — not confirmed yet
• Entry: 1.213–1.219
• Sequence: trigger appears → retest holds 1.203600 → H1 confirms a bounce
• SL: 1.202
• TP1: 1.2576 → 2.97R
• TP2: 1.2766 → 4.33R
• Setup invalidation: H1 close below 1.203600
BULLISH BIAS — NO ENTRY YET
R is calculated from the 1.216 midpoint, excluding fees and slippage; recalculate using the actual fill price
A deeper retest needs to reclaim 1.2464 for continuation; without the full sequence, don’t enter the trade!!!