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$IO (1h) - Breakout Long
Bias: Long
Entry (Zone): 0.1930 - 0.1950
Targets:
TP1: 0.2020
TP2: 0.2080
TP3: 0.2150
Stop Loss: 0.1885
Why this Setup:
I’m favoring a continuation long because price has broken out of the recent range and is holding above the 0.19 area after a strong impulse. I want a pullback or hold above the breakout zone for confirmation, with room for a retest of the recent highs and extension if momentum stays strong.