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$RAVE | 1H | Range Rejection Short
Bias: Short
Entry Zone: 0.5890 to 0.5945
Stop Loss: 0.6115
Targets:
TP1: 0.5795
TP2: 0.5705
TP3: 0.5580
Invalidation:
Close above 0.6115
Why This Setup:
I’m watching the local range cap near 0.59 after the failed push into 0.61. The structure still favors a fade back into the range lows unless price can reclaim the recent swing high with momentum.
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