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$ALLO (1h) - Bullish Continuation Breakout
Bias: Long
Entry (Zone): 0.3910 - 0.3990
Targets:
TP1: 0.4100
TP2: 0.4220
TP3: 0.4380
Stop Loss: 0.3820
Why this Setup:
I’m seeing a steady series of higher lows with price pressing back into the 0.40 area, so I want to buy the breakout confirmation or a clean retest. I expect momentum to carry through the nearby resistance if volume stays supportive, with invalidation below the latest higher-low structure.