The price action on $RIF is currently showing signs of exhaustion as it tests the 0.0861 level. We are observing a clear bearish structure on the 1H chart, with the current order flow favoring a move toward liquidity pools below.
The proximity of the stop loss to the recent highs provides a defined risk profile for this short setup. Given the current momentum, do you anticipate a clean breakdown below the 0.0800 psychological support?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #MarketStructure #OrderFlow
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