Get started
FIL / TetherUS
Updated

Fil - potential buy opportunity before bullish continuation

857
Fil may actually play out another leg of its correction before heading to the next upper targets.

We could potentially see an opportunity to buy around $6.40 - $7.50.



Trade active
It's looking less and less likely - especially if we close above $9.17 for the week. I'm happy because I want Fil to do well, but this was a nice potential opportunity.
Note
snapshot If we act as we did last cycle, I expect something like this
Trade active
snapshot We could still get the opportunity to buy down there.
Trade active
snapshot Here comes the opportunity. There's even a possibility of $6.40 not holding.
Trade active
snapshot You're looking at approximately $5.20ish if the measured move from the asymmetrical triangle breakdown plays out.
Trade active
This trading opportunity is a success as of today. Do we get lower prices, though?
Trade active
snapshot the triangle breakdown measured move has almost already played out, lol
Trade closed: target reached
We got basically a full reset. The TA within this idea played out - but the question that I had is if we would get lower prices/a full reset, and we did.
LoneWolf1425
FibonacciMoving AveragesSupport and Resistance

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FibonacciMoving AveragesSupport and Resistance
LoneWolf1425

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.