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$CHIP (1h) - Range Reversal Long
Bias: Long
Entry (Zone): 0.05780 - 0.05825
Targets:
TP1: 0.05910
TP2: 0.06000
TP3: 0.06120
Stop Loss: 0.05670
Why this Setup:
I’m looking for a continuation bounce from the current support area after the pullback into the lower end of the range. I want to buy weakness near the recent swing floor and ride a move back toward the mid-range and prior intraday highs.
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