$RLC LONG SETUP ... NEXT TARGET 1.25
RLC is trying to stabilize after the sharp rejection from 1.4887, and buyers are defending the 1.00–1.05 area.
Entry: 1.08–1.11
TP1: 1.16
TP2: 1.21
Final Target: 1.25
SL: 0.9870
As long as RLC holds above the 0.99 support area, the recovery setup remains valid.
A clean break above 1.16 would strengthen the move toward 1.21–1.25.
Trade on $RLC
RLC is trying to stabilize after the sharp rejection from 1.4887, and buyers are defending the 1.00–1.05 area.
Entry: 1.08–1.11
TP1: 1.16
TP2: 1.21
Final Target: 1.25
SL: 0.9870
As long as RLC holds above the 0.99 support area, the recovery setup remains valid.
A clean break above 1.16 would strengthen the move toward 1.21–1.25.
Trade on $RLC