$RLC Buy trade setup ... next target 1.25
RLC is trying to stabilize after a sharp rejection from the 1.4887 level, while buyers defend the 1.00–1.05 zone.
Entry: 1.08–1.11
Take profit 1: 1.16
Take profit 2: 1.21
Final target: 1.25
Stop loss: 0.9870
As long as RLC holds above the 0.99 support zone, the chance of a recovery remains.
A clear breakout above 1.16 would strengthen the move toward 1.21–1.25.
Trade on $RLC
RLC is trying to stabilize after a sharp rejection from the 1.4887 level, while buyers defend the 1.00–1.05 zone.
Entry: 1.08–1.11
Take profit 1: 1.16
Take profit 2: 1.21
Final target: 1.25
Stop loss: 0.9870
As long as RLC holds above the 0.99 support zone, the chance of a recovery remains.
A clear breakout above 1.16 would strengthen the move toward 1.21–1.25.
Trade on $RLC