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$ALLO (1h) - Triangle Breakout Long
Bias: Long
Entry (Zone): 0.386 - 0.394
Targets:
TP1: 0.405
TP2: 0.418
TP3: 0.435
Stop Loss: 0.349
Why this Setup:
I’m still favoring a long as price holds above the recent higher low and continues building pressure near triangle resistance. I want a clean break and retest around the 0.39 area, with room for a move back into the prior swing highs if momentum follows through.