$FET All time frames are bearish and aligned. The daily, 4-hour, and 1-hour charts are all trading below their main moving averages. The hourly price is now retesting a key level at 0.2315, providing a high-probability short entry opportunity. The trigger is a bearish rejection on the 15-minute chart, confirmed by the Relative Strength Index (RSI) remaining below 50. Momentum is increasing for the next drop. Enter a short trade on a 1-hour rejection.
Executable setup now (short)
Entry: market at 0.230687 – 0.232313
TP1: 0.226621
TP2: 0.224994
TP3: 0.221741
Stop loss: 0.23638
FET
0.2285
0.00%