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$ALLO | 1H | Breakout Continuation
Bias: Long
Entry Zone: 0.4680 to 0.4860
Stop Loss: 0.4380
Targets:
TP1: 0.5380
TP2: 0.5770
TP3: 0.6350
Invalidation:
Close below 0.4380
Why This Setup:
I’m favoring a continuation long because price has broken out of the prior base and is holding above the recent 0.46 to 0.47 area. I want a retest or shallow consolidation above support before the next push toward the prior highs and extension targets.
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