$RAY | Breakout After Reversal, Reload Zone Identified
Following an explosive reversal, price has broken out and is now pulling back into a potential reload zone. The structure remains bullish above key support, favoring continuation toward higher targets.
Entry Zone: 0.690 – 0.710
Stop Loss: 0.655 (below support)
Take Profit Targets: 0.740 / 0.775 / 0.820
Key Levels:
· Support / Bullish Threshold: 0.680
· Reload / Entry Zone: 0.690 – 0.710
· Expansion Targets: 0.740, 0.775, 0.820
· Invalidation: Loss of 0.655 support
Strategy: Consider long positions on a hold or bounce within the entry zone, confirming the breakout structure remains intact. The setup targets a continuation move toward higher resistance levels.
#RAY Trade
$RAY Here 👇
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