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$RARE (1h) - Breakout Momentum Long
Bias: Long
Entry (Zone): 0.0156 - 0.0162
Targets:
TP1: 0.0170
TP2: 0.0182
TP3: 0.0194
Stop Loss: 0.0146
Why this Setup:
I see a strong impulsive breakout above the prior consolidation and I want to ride the momentum as long as price holds above the breakout area. I’m looking for continuation into the next resistance levels with a tighter stop below the breakout base.