Direction: $FIL
Long (Upward)
The price is trading above all moving averages (EMA/MA) and the SuperTrend indicator supports the uptrend.
Entry: 0.980 - 0.985 range
The current price is around 0.987. A slight pullback or entry at the current level can be considered.
Stop Loss: 0.965
This level is below the EMA(7) moving average, where the recent uptrend started and which acts as support.
Target:
T1: 0.995
T2: 1.010
T3: 1.030
Leverage: x?
Given the volatility of FIL on the current 15-minute chart and the density of the selling wall in the 1.00 - 1.02 region, low-to-medium leverage will facilitate risk management.
Analysis Note: The Stoch RSI has entered the overbought zone, therefore short-term profit taking may occur. Taking profits gradually as targets are reached will make your strategy safer and protect your position.
Long (Upward)
The price is trading above all moving averages (EMA/MA) and the SuperTrend indicator supports the uptrend.
Entry: 0.980 - 0.985 range
The current price is around 0.987. A slight pullback or entry at the current level can be considered.
Stop Loss: 0.965
This level is below the EMA(7) moving average, where the recent uptrend started and which acts as support.
Target:
T1: 0.995
T2: 1.010
T3: 1.030
Leverage: x?
Given the volatility of FIL on the current 15-minute chart and the density of the selling wall in the 1.00 - 1.02 region, low-to-medium leverage will facilitate risk management.
Analysis Note: The Stoch RSI has entered the overbought zone, therefore short-term profit taking may occur. Taking profits gradually as targets are reached will make your strategy safer and protect your position.