The price of 📉FIL decreased significantly yesterday, dropping below the lower boundary of a descending triangle pattern on the 4-hour chart. This was confirmed by a strong bearish candle with a lot of momentum.
As for potential support levels, the next one to watch out for is around 5.00/4.500. It is likely that sellers will aim for this level in the near future.
If you are considering entering the market, it might be a good idea to wait for a retest of the broken triangle boundary as a possible opportunity...Trade safely 👍✅
As for potential support levels, the next one to watch out for is around 5.00/4.500. It is likely that sellers will aim for this level in the near future.
If you are considering entering the market, it might be a good idea to wait for a retest of the broken triangle boundary as a possible opportunity...Trade safely 👍✅