$RLC broke out — now the retest matters.
The structure is clean enough to watch, but I would still let price confirm the level.
I would rather see price reject around $0.9686–$0.9754 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.9883.
Would you trade this short setup now, or wait for a cleaner reaction?
#RLC #Trading
Trade plan: SHORT
Entry: $0.9686 - $0.9754
SL: $0.9883
TP1: $0.9527
TP2: $0.9527
TP3: $0.8634
The structure is clean enough to watch, but I would still let price confirm the level.
I would rather see price reject around $0.9686–$0.9754 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.9883.
Would you trade this short setup now, or wait for a cleaner reaction?
#RLC #Trading
Trade plan: SHORT
Entry: $0.9686 - $0.9754
SL: $0.9883
TP1: $0.9527
TP2: $0.9527
TP3: $0.8634