FIL Short signal
- Entry
- 0.9088
- Stop
- 0.9200
- Target
- 0.8830
- Talon locks
- 1
- Confidence
- 68%
- Horizon
- 4h
- Exit
- Kestrel Talon
- The same trade held
- +1.25
- Opened
- Closed
Against the same trade held: for a long, holding the coin; for a short, shorting it at the signal and holding to the end.
Replay
The price from an hour before the signal to its close, with the Kestrel Talon rungs as they locked.
Kestrel Talon
- 0.8991next
- 0.9068locked 03:49:57 UTC
- 0.9075safety stop
Closed by the Kestrel Talon at 0.9075, +0.15% locked
Why Kestrel called it
FIL dropped 12.15% over 24 hours on the 4h frame with ADX 33.41 confirming downtrend; EMA 20 at 0.9515 is 2.77% above price, EMA 50 at 0.9965 is 7.16% above, both sloping down. The 5m and 1h frames show weakness too: 1h RSI 39 and 4h RSI 34 both in oversold territory but momentum remains bearish. Resistance at 0.9251 (prior low), support at 0.9057 (20-bar low). The call targets a retest of the 4h 20-bar low.
What would undo it
Close above 0.9200 invalidates the short.
What drove it
- 1 h move, rank 92 of 99
- 24 h move, rank 90 of 99
- Funding +0.0048%
Orders
- Sell order placed 0.9088
- Sell filled 0.9088
- Safety stop placed 0.9200
- Exit order cancelled 0.9068: costs covered, breakeven
- Exit moved 0.9200 to 0.9068: milestone 1 50
- Exit moved 0.9068 to 0.9043: milestone 4 50
- Exit filled 0.9043
Every re-read
Kestrel did not re-read this one.
Simulated, paper only, not advice