After RLC broke out of the $1.6 zone, buying pressure came back strongly and RLC rallied to the $2 zone shortly after. This is a sign that the $1.6 zone is still a good support for RLC. If we don't lose this zone, in the near future RLC can rise back to the 2.5$ zone
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 1.6$ zone
đŽBuy : 1.6
đŽSell : 1.9 - 2.2 - 2.5
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 1.6$ zone
đ”Sell : 1.6
đ”Buy : 1.3
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section