$FXS
ULLISH CONTINUATION SETUP
$FXS is showing strong momentum after a steady rebound from the $1.25 support zone, maintaining higher lows on the 4H timeframe. The price is consolidating near resistance, hinting at a possible breakout continuation toward the next bullish targets.
Technical Outlook:
Trend: Uptrend continuation pattern forming above $1.25 support
Momentum: Buyers are defending higher lows; bullish structure intact
Confirmation: Break and hold above $1.32 could trigger the next leg up
šÆ Targets (TP):
TP1: $1.36
TP2: $1.42
TP3: $1.50
š”ļø Stop Loss (SL):
Below $1.25 support zone
Risk Management:
Use a position size that limits loss to 2ā3% of total capital per trade and move SL to entry once TP1 is hit to secure profits.