$RLC long
Entry 0.6851
SL 0.6333
Target 0.7888
Big leg on RLC: 124% in 5 days, 85% on the day. I marked 0.7053 as the inducement once the high broke; the pullback into it was 18% of the leg. The stops under 0.7053 are taken. Price is parked in that area and the high at 0.7888 is still there. 0.7888 is the obvious draw since that's where the new high sits. Stop at 0.6333, nothing more complicated.
Entry 0.6851
SL 0.6333
Target 0.7888
Big leg on RLC: 124% in 5 days, 85% on the day. I marked 0.7053 as the inducement once the high broke; the pullback into it was 18% of the leg. The stops under 0.7053 are taken. Price is parked in that area and the high at 0.7888 is still there. 0.7888 is the obvious draw since that's where the new high sits. Stop at 0.6333, nothing more complicated.
