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
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 1.6$ zone
ðīBuy : 1.6
ðīSell : 1.9 - 2.2 - 2.5
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 1.6$ zone
ðĩSell : 1.6
ðĩBuy : 1.3
âDetails
ðŦStoploss for Long : 10%
ðŦStoploss for Short : 5%
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section