FIL's looking ripe for a short, just broke market structure and volume's confirming the direction. FIL's price action is screaming for a pullback right now.
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๐ด
$FIL SHORT ๐
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๐ Entry Range: $0.917082 โ $0.918918
๐ Stop Loss: $0.945540 (-3.0%)
๐ฏ TP1: $0.904230 (+1.5%)
๐ TP2: $0.872100 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 91%
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We've got a bunch of signals firing off here - CHoCH just triggered, CVD is showing volume's on our side, and that FVG plus OB confluence is too good to pass up. The POI overlap with OB and FVG is the cherry on top, making this setup look super solid. Market structure's broken and it's time to get short.
3.0% SL is a bit tight but it'll work with 2x leverage, anything more and we're risking too much on a single trade.
Take some profit at TP1, don't be greedy - locking in a bit of profit early on will let us ride out any unexpected moves with less stress.
Not financial advice โ always manage your own risk ๐
#FILUSDT $FIL #SMC #Write2Earn #Binance