FIL, after a substantial drop from its all-time high, showed some recovery. However, it seems to have met a strong resistance zone it couldn't breach. From this vantage point, it looks poised for a potential fall, possibly retracing back below the $5 mark again. This could represent a significant move for those keeping an eye on FIL, suggesting a bearish outlook in the near term.
Comment:
The art of trading is to understand a 50% pullback at the start of a correction in a bullish market, to avoid losses. It's not solely about buying during a bull run! We executed this beautifully—congratulations to all our followers.
Join our Telegram channel via this link for analysis and trading signals.
t.me/+LT1LpjRoXPg4NGU8
t.me/+LT1LpjRoXPg4NGU8