$FIL The Spring Reversal: From Flush to Flight....

This is a reversal play not just a bounce. Let the trend prove itself, but position early.

$FIL has just staged a powerful V-shaped recovery after bottoming near 1.96. With back-to-back bullish candles and growing volume, it’s flashing early signs of a trend shift from despair to demand.

📈 Long Trade Setup

• Entry Zone: 2.26 – 2.29

• TP1: 2.38

• TP2: 2.47

• TP3: 2.59

• Stop Loss: Below 2.19

Market Insight:

After weeks of bearish bleed, FIL has reclaimed key structure on the 4H chart. The strong bounce off the lows is backed by volume, suggesting accumulation. If buyers defend the mid-range pullback, continuation becomes highly probable.