4h time frame
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RDNT creates and retests the rounding bottom structure, that is a stable and strong structure to maintain the pumping momentum. Also, the Fibonacci Projection provides the target at the 0.49, which is the previous high, making reasonable resistance. Therefore, we can set up a trading plan here.
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TP: 0.49
SL: 0.31
Recently, RDNT got the point I was mentioned earlier in my profile.
Now, if RDNT can close above the red zone in daily time frame. RDNT also can claim other targets on the chart.
Good luck to us all.
