$RE has buyers leaning on the structure, but the retest still matters before momentum becomes overheated but price still has to respect the invalidation.
Long | Futures | 1H
Entry: 0.5701 – 0.5761
TP1: 0.5850 (R:R 1:0.99)
TP2: 0.5894 (R:R 1:1.36)
TP3: 0.5970 (R:R 1:1.99)
TP4: 0.6056 (R:R 1:2.71)
Stop Loss: 0.5611
The lower and higher timeframes are leaning the same way; volume confirmation is still thin.
Risk: A 1h close below 0.5611 invalidates the long structure.
