$RAYSOL is keeping its bullish structure intact, with the trend indicators lining up behind another attempt toward the upper side of the range.
Entry: 1.3352
SL: 1.183881
TP1: 1.486519
TP2: 1.607575
EMA200, MACD and Supertrend are all supportive on the 1H chart, while RSI around 55 leaves the momentum in a relatively healthy zone. ADX near 30 adds confirmation that this is more than a sideways drift. The distance between the protective level and upside targets means the position should be sized carefully, especially if the market starts throwing wider candles.
Entry: 1.3352
SL: 1.183881
TP1: 1.486519
TP2: 1.607575
EMA200, MACD and Supertrend are all supportive on the 1H chart, while RSI around 55 leaves the momentum in a relatively healthy zone. ADX near 30 adds confirmation that this is more than a sideways drift. The distance between the protective level and upside targets means the position should be sized carefully, especially if the market starts throwing wider candles.
