$FIL is showing clear weakness around this resistance zone, with selling pressure starting to build. If sellers maintain control and the rejection strengthens, FIL could continue toward the lower levels.
Trading Idea — Short $FIL
Entry: 1.05 – 1.10
SL: 1.16
TP1: 1.01
TP2: 0.98
TP3: 0.95
Manage your position carefully, secure partial profits as targets are reached, and respect the stop-loss if the setup gets invalidated. DYOR (Do Your Own Research).
Trading Idea — Short $FIL
Entry: 1.05 – 1.10
SL: 1.16
TP1: 1.01
TP2: 0.98
TP3: 0.95
Manage your position carefully, secure partial profits as targets are reached, and respect the stop-loss if the setup gets invalidated. DYOR (Do Your Own Research).