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$JTO (1h) - Range Reclaim Long
Bias: Long
Entry (Zone): 0.4940 - 0.4965
Targets:
TP1: 0.5015
TP2: 0.5085
TP3: 0.5155
Stop Loss: 0.4875
Why this Setup:
I like the reclaim of the 0.49 area after the pullback, since price is holding above the recent intraday low and trying to build support. I’m looking for a continuation move back into the prior supply near 0.50 and then toward the next resistance shelves if momentum expands.