Anyone else watching $FIL for a short at 0.695?
I am, carefully. Sellers need to cap 0.695 first.
Why here:
- 4H at 0.694, below the EMA50 at 0.765 · sellers still have the trend
- 2.1% to the stop, 3.4% to TP3: about 1.6R if the full move plays out
- RSI 32 on the 1H: already oversold, not a drop to chase
🔴 SHORT · Entry 0.6924–0.6948 · TP 0.6848 / 0.6789 / 0.6702 · SL 0.7083
NFA, DYOR.
I am, carefully. Sellers need to cap 0.695 first.
Why here:
- 4H at 0.694, below the EMA50 at 0.765 · sellers still have the trend
- 2.1% to the stop, 3.4% to TP3: about 1.6R if the full move plays out
- RSI 32 on the 1H: already oversold, not a drop to chase
🔴 SHORT · Entry 0.6924–0.6948 · TP 0.6848 / 0.6789 / 0.6702 · SL 0.7083
NFA, DYOR.
