$RLS just went through a sharp pullback and swept liquidity below the short term range. I’m seeing selling pressure fade after the sweep, and price is now holding instead of continuing lower. This looks like stabilization after exhaustion.
I’m not forcing entries. I’m trading clean structure.
Market read
I’m watching a move down from the 0.0167 area into 0.01623 where liquidity was taken. That drop cleared weak hands fast. After the sweep, price stopped making lower lows and started compressing. Candles are tight and overlapping, which tells me sellers are losing control and buyers are absorbing supply quietly.
Entry Point
0.01630 to 0.01645
Target Point
TP1 0.01675
TP2 0.01720
TP3 0.01780
Stop Loss
Below 0.01605
How it’s possible
Liquidity was grabbed below the range, panic selling finished, and downside momentum slowed. Once sellers ran out of fuel, price started building a base instead of breaking down. If this base holds, a move back toward previous highs becomes the natural path.
I’m ready here. Structure is clear. Risk is defined.
Let’s go and Trade now $RLS



