Trade Direction: Short $RLC
Entry Zone: 0.8160 – 0.8250 (Current price / breakdown retest)
Stop Loss (SL): 1.0894 (Above the swing high, ~33.5% risk)
Take Profit Targets:
TP 1: 0.7100 (Immediate local consolidation shelf)
TP 2: 0.5850 (Mid-structure support level)
TP 3: 0.4800 (Lower impulse base)
TP 4 (Final): 0.3888 (Chart target baseline, ~52.3% gain)
Risk Note: The stop loss is exceptionally wide (~33.5%), so keep leverage very low (1x–2x) or wait for a retest towards 0.9000 to improve the risk-to-reward ratio.
Entry Zone: 0.8160 – 0.8250 (Current price / breakdown retest)
Stop Loss (SL): 1.0894 (Above the swing high, ~33.5% risk)
Take Profit Targets:
TP 1: 0.7100 (Immediate local consolidation shelf)
TP 2: 0.5850 (Mid-structure support level)
TP 3: 0.4800 (Lower impulse base)
TP 4 (Final): 0.3888 (Chart target baseline, ~52.3% gain)
Risk Note: The stop loss is exceptionally wide (~33.5%), so keep leverage very low (1x–2x) or wait for a retest towards 0.9000 to improve the risk-to-reward ratio.
