๐ข $RLC | LONG SETUP
$RLC has already made a sharp breakout, so chasing the move at current levels offers a weaker risk-to-reward.
๐ Strategy: Wait patiently for a pullback into the 0.61โ0.62 support zone, then look for bullish confirmation before entering.
Entry: 0.61โ0.62 (after confirmation)
๐ฏ TP: 0.70
๐ SL: Below 0.60
The goal is to let price come to the setup rather than chase the breakout. Manage risk carefully and size your position accordingly.
โ ๏ธ Technical analysis only โ not financial advice. DYOR.
$RLC has already made a sharp breakout, so chasing the move at current levels offers a weaker risk-to-reward.
๐ Strategy: Wait patiently for a pullback into the 0.61โ0.62 support zone, then look for bullish confirmation before entering.
Entry: 0.61โ0.62 (after confirmation)
๐ฏ TP: 0.70
๐ SL: Below 0.60
The goal is to let price come to the setup rather than chase the breakout. Manage risk carefully and size your position accordingly.
โ ๏ธ Technical analysis only โ not financial advice. DYOR.
