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$IRYS | 1h | Momentum Breakout Continuation
Bias: Long
Entry Zone: 0.0520 to 0.0530
Stop Loss: 0.0492
Targets:
TP1: 0.0560
TP2: 0.0600
TP3: 0.0645
Invalidation:
Close below 0.0492
Why This Setup:
I’m looking for continuation after a strong impulsive breakout with rising volume and clear higher highs. Price is holding above the breakout area, so I want a shallow pullback or consolidation hold before the next push.
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