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$CLO (1H) - Momentum Breakout
Bias: Long
Entry (Zone): 0.1760 - 0.1810
Targets:
TP1: 0.1860
TP2: 0.1940
TP3: 0.2050
Stop Loss: 0.1670
Why this Setup:
I’m looking for continuation after the strong impulsive breakout, with price now holding above prior resistance and building trend momentum. I want a shallow pullback or consolidation above the breakout area before another push toward the next extension levels.