💎 Paradisers, #FIL has formed a 'W' pattern on the bullish Order Block (OB) and has the potential to form a triple bottom on a pullback.
💎 If #FILUSDT breaks out from the 'W' pattern, then we can anticipate a bullish move up to the next resistance zone. Ensure you wait for a confirmed candle close.
💎 In the case of a pullback, we could see a potential triple bottom, but make sure to wait for confirmations before acting.
💎 However, if the price breaks down below the bullish OB without confirmation, it will invalidate the bullish outlook. In this scenario, it's best to wait for better price action to develop.
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.