$FIO Support Test: Scalp Opportunity? ๐ฃ
$FIO has taken a hard hit, but itโs currently hovering around a historical support zone. We are looking for a "W" bottom formation on the 5-minute chart. High risk, but the R/R (Risk/Reward) ratio here is looking solid for a quick scalp.
Entry Zone: $0.00155 - $0.00158
Take Profit: $0.00185
Stop Loss: $0.00142
Don't catch the falling knife without a confirmation candle! ๐ฏ๏ธ