$RLC just swept a key level and reclaimed it.
The 1h/4h context still supports buyers, and open interest is coming out of the move.
The idea stays interesting while buyers can defend $0.8758–$0.882. The setup is invalid if price cleanly crosses $0.8546.
Would you take the retest on $RLC, or wait for one more confirmation?
#RLC #Trading
Trade plan: LONG
Entry: $0.8758 - $0.882
SL: $0.8546
TP1: $0.9513
TP2: $0.9522
TP3: $0.955
The 1h/4h context still supports buyers, and open interest is coming out of the move.
The idea stays interesting while buyers can defend $0.8758–$0.882. The setup is invalid if price cleanly crosses $0.8546.
Would you take the retest on $RLC, or wait for one more confirmation?
#RLC #Trading
Trade plan: LONG
Entry: $0.8758 - $0.882
SL: $0.8546
TP1: $0.9513
TP2: $0.9522
TP3: $0.955