It looks like the FET is inside a large diametric that we are now in the middle of the F wave of this diametric.
We have a supply range on the chart, which is the place of sell/short positions.
Also, the green range is a strong demand that the F wave of our diametric can end on this range.
Closing a daily candle above the red range or below the green range will violate the downward or upward movements of this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You