$RPL — 4H Supply Rejection, Downside Rotation Setup
Short
$RPL Entry: 1.9201 – 1.9419
SL: 2.0094
TP1: 1.8525
TP2: 1.8002
TP3: 1.7217
Price is reacting inside a key 4H supply zone, showing signs of rejection while momentum indicators fail to confirm bullish continuation. The higher timeframe trend remains bearish, increasing the probability of a downside rotation.
Why this setup?
• Bearish higher timeframe structure
• Clear 4H rejection at supply
• Weak RSI momentum
• Liquidity resting below current range
If sellers continue defending this region, a drift toward 1.85 becomes the first logical move, with potential extension toward deeper liquidity if momentum expands.
Manage risk and wait for confirmation before full exposure.
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