FIL is caught in a tight downtrend, testing the 1.85 resistance while sellers dominate the order flow.
š“ $FIL SHORT š ā Trade Plan
ā¢ Entry: $1.0582 ā $1.0604
ā¢ Stop: $1.0911 (-3.0%)
ā¢ Target 1: $1.0434 (+1.5%)
ā¢ Target 2: $1.0063 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The market structure broke lower high (CHoCH) and CVD shows heavy sell volume, confirming the bias. A fresh fair value gap lines up with a bearish order block, and a liquidity sweep just ate the last long stop. POI confluence hits where the OB and FVG overlap, giving a clean short entry.
A 3.0% stop is relatively tight for a 1.7 reward, so use no more than 5x leverage to keep risk manageable.
Take half profit as price reaches the first target around 1.78.
Not financial advice ā always manage your own risk š
$FIL #FILUSDT #CPIWatch #TradingSignals #Write2Earn
š“ $FIL SHORT š ā Trade Plan
ā¢ Entry: $1.0582 ā $1.0604
ā¢ Stop: $1.0911 (-3.0%)
ā¢ Target 1: $1.0434 (+1.5%)
ā¢ Target 2: $1.0063 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The market structure broke lower high (CHoCH) and CVD shows heavy sell volume, confirming the bias. A fresh fair value gap lines up with a bearish order block, and a liquidity sweep just ate the last long stop. POI confluence hits where the OB and FVG overlap, giving a clean short entry.
A 3.0% stop is relatively tight for a 1.7 reward, so use no more than 5x leverage to keep risk manageable.
Take half profit as price reaches the first target around 1.78.
Not financial advice ā always manage your own risk š
$FIL #FILUSDT #CPIWatch #TradingSignals #Write2Earn