$FIL has swept liquidity from the 1.42–1.44 demand zone and showed a clear reaction, with buyers stepping in strongly and defending the lows. That sweep removed weak sellers and shifted short-term control back to the buyers on the lower timeframe.
Price has since reclaimed the 1.48–1.50 area and is now holding above it, forming higher lows and a clean impulsive move to the upside. The advance is strong but still orderly, which supports a scalp continuation rather than an immediate reversal.
Sellers attempted to cap price near the 1.56–1.58 region but failed to force acceptance back below support, showing clear downside weakness. As long as $FIL holds above the 1.50 support zone, the bullish scalp structure remains valid. A sustained break below 1.47 would invalidate this setup, but until then, continuation toward recent highs remains the higher-probability move.
Scalp Trade Plan
Long
Entry Zone: 1.52 – 1.50
TP1: 1.62
TP2: 1.68
Stop Loss: 1.47
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Tip: Secure partial profits at TP1 and trail stop to entry
Long #FIL Here 👇👇👇
