From the perspective of Chan Theory, the recent correction of FIL has already reached its end. The four-hour chart shows a complete bullish engulfing pattern, and the secondary 30-minute structure has also closed. Although there is no divergence on the 30-minute chart yet, this four-hour signal is strong enough. This morning, the market also showed a secondary buy point on the 30-minute bars, which is a typical rebound initiation signal.

From an operational standpoint, the current environment is suitable for going long. It is ideal to enter the market within the 1.55 to 1.58 range, with targets set at 1.65 and 1.7. If the support at 1.485 is broken, consider stopping out. This type of rebound rhythm usually isn't too rapid, providing us with enough opportunities to get on board.