FIL has recently shown an interesting technical signal. The price retraced to the 20-day moving average on the daily chart (which is the middle band of the Bollinger Bands), and at the same time held above the daily support level around 1.5. These two key levels formed a resonance. From a moving average perspective, this situation is likely to trigger a decent rebound.

Using Chan Theory for analysis makes it even clearer. Around 7 a.m., FIL showed a bottom divergence signal on the 1-hour chart, indicating that the 1-hour segment is very likely to rebound. Based on this logic, the best entry point is to wait for a retracement on the 1-hour chart before taking action, which is the second buy position of the 1-hour wave.

From a trading perspective: going long is the main strategy. Entry can be around 1.46-1.48, with targets at 1.54 and 1.6 respectively, and stop-loss placed below 1.4. The focus is on whether this rebound can truly create space for further movement.