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$S | 1h | Momentum Breakout Retest
Bias: Long
Entry Zone: 0.0240 to 0.0250
Stop Loss: 0.0231
Targets:
TP1: 0.0262
TP2: 0.0280
TP3: 0.0325
Invalidation:
Close below 0.0231
Why This Setup:
I’m looking for continuation after the sharp impulsive breakout and the current retest area near prior resistance. As long as price holds above the 0.0240-0.0250 zone, I expect buyers to defend the breakout and push into the next liquidity levels.