MY THOUGHTS AND ANALYSIS ON $RE
ENTRY
0.800–0.815
Reason:
Retest of broken support
Near MA(7)/MA(25) area
Better risk/reward
STOP LOSS
0.835
A reclaim above 0.835 would invalidate the short idea because price would be back above the 1h breakdown area.
TARGETS
TP1: 0.760
TP2: 0.720
TP3: 0.680 (only if market weakness continues)