$FIL just printed a classic capitulation wick, where price briefly flushed to a deep low (1.269) and then snapped back instantly — a move often used in TA to study how liquidity grabs and panic selling behave at major support zones.
Volume spiked to 16M, showing aggressive reaction right after the wick. Moves like these are gold for learning how volatility compresses and then expands.
Learning Range (Concept Only):
Reclaim Zone: 1.50 – 1.52
Continuation Zones to Observe:
• Zone 1: 1.65
• Zone 2: 1.80
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