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$CHR (1 hour) - Continuation of the breakout
Bias: Buy
Entry (Zone): 0.0258 - 0.0263
Targets:
TP1: 0.0272
TP2: 0.0285
TP3: 0.0310
Stop Loss: 0.0246
Why this setup:
I see that the price is breaking above the recent range with strong momentum and increasing volume, so I look for continuation if it maintains the breakout zone. I want a correction to the upper boundary for entry, with room for extension toward the next resistance levels.