$CFG — Healthy Correction, Bulls Setting Up for the Next Impulse Move!
Long $CFG
• Entry: 0.1450 – 0.1468
• Stop Loss: 0.1395
Targets:
• TP1: 0.1500
• TP2: 0.1550
• TP3: 0.1600
CFG is showing solid recovery strength after a sharp downside move, and the structure now looks like a healthy correction rather than a failed trend. On the 4H timeframe, price has already defended the 0.1283 low and is now building a higher-low structure, which is a strong sign that buyers are stepping back in. The 1H chart confirms improving momentum, with price holding above the 0.1400 area and pushing toward the recent high at 0.1468.
This pullback and rebound have created a cleaner risk-to-reward setup for the next bullish leg. If buyers continue to defend the 0.1400 support zone, the market can attempt a move toward the 0.1500–0.1600 region. A breakout above 0.1468 would strengthen the continuation case even more.
The bullish bias remains valid as long as price holds above 0.1400. Manage risk strictly and watch for a volume surge on the next breakout attempt.
Trade $CFG here 👇🏻
