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$ALLO (1h) - Long Continuation
Bias: Long
Entry (Zone): 0.3870 - 0.3900
Targets:
TP1: 0.3960
TP2: 0.4025
TP3: 0.4090
Stop Loss: 0.3775
Why this Setup:
I’m looking for a clean continuation above the recent consolidation, with price holding the 0.3870 area as support. I see room for a push back into the 0.3960 - 0.4090 resistance band if momentum stays intact, while keeping invalidation below the recent swing low.