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$RAVE - Long position
Trading plan:
Entry: 0.584187 – 0.587179
Stop loss: 0.571320
Target 1: 0.596455
Target 2: 0.603636
Target 3: 0.614408
Why choose this strategy?
Why now? The 4-hour bias is bullish, with a confidence level of 55%, but the daily trend is range-bound — which means we are building up for a big move. Entry reference is around 0.5857, with Target 1 at 0.5965 (+2%), Target 2 at 0.6036. The 15-minute RSI is at 58 — there’s still room to rise, not overbought. The 1-hour ATR is 0.0118, indicating lower volatility; a breakout from here is likely to happen soon.