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$RAVE (1h) - Range Reversion Long
Bias: Long
Entry (Zone): 0.5760 - 0.5790
Targets:
TP1: 0.5915
TP2: 0.5985
TP3: 0.6080
Stop Loss: 0.5675
Why this Setup:
I’m looking for a mean reversion bounce from the current range support, with price stabilizing after repeated tests of the mid-0.57 area. I want a clean reclaim of the 0.58 zone to open a move back toward the range highs, while keeping risk below the recent swing low.