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has already made a strong move up and is now showing signs of exhaustion near the top of the range.
Trading Plan Short $FIL
Entry: 1.08 – 1.14
SL: 1.18
TP: 1.03
TP: 0.98
TP: 0.93
The structure shows price struggling to hold highs after a sharp expansion, with momentum starting to fade. Instead of continuation, there’s early indication of distribution as buyers fail to push higher. If rejection continues here, a pullback toward lower support zones is likely.