FIL target 6.64h time frame
-
FIL is breaking above the falling wedge, which is created since dumping from previous high 5.6.
Also, FIL got support from 0.5~0.618 Fibonacci Rettacement and accumulation zone. Next, we can set target with Fibonacci and long-term triangle structure, that is 6.35~6.9
TP: 6.35~6.9
SL: 3.9
Filusdtp
FILUSDT Is Moving Along the Bullish Channel
Welcome back Traders, Investors, and Community!
Hi Traders, FILUSDT on H4 is moving along the Bullish channel. Might go lower to 47.63 before it goes higher
⬆️Buy now or Buy at 47.63
⭕️SL at Support Breakout or SL @ 44.09
✅TP1 @ 55.74
✅TP2 @ 62.60
✅TP3 @ 73.55
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Will FILUSDT be successful in breaking out now? FILUSDT since the drop on 2nd April, had formed triple bottom and have successfully crossed the neckline.
Now what we have is a Symmetrical triangle , with the Resistance line (RED) yet to be validated.
Scenario 1 - Mostly FILUSDT should break its Resistance at 194. If it manages to break , then next target should be 203.
Scenario 2- If it is not able to break the Resistnance at 194, then it will be forming a Double Top, and could potentially fall below 181.
Probably keep a close eye in coming hours on which side it is heading
If you like my analysis then do share drop a LIKE and leave your COMMENTS. Also do SHARE it with your friends and groups :)
Note: These are my personal notes and in no way a financial advice. Do your own research and trade wisely