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$VELVET | 1h | Breakout Retest Long
Bias: Long
Entry Zone: 0.5000 to 0.5060
Stop Loss: 0.4380
Targets:
TP1: 0.5360
TP2: 0.5550
TP3: 0.5920
Invalidation:
Close below 0.4380
Why This Setup:
I’m watching a clean reclaim of the 0.50 area after a strong push off the 0.44 demand zone. As long as price holds above the breakout base, I expect continuation toward the prior swing highs and a retest of the 0.59 liquidity zone.