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$VELVET | 1h | Momentum Pullback Long
Bias: Long
Entry Zone: 1.72 to 1.78
Stop Loss: 1.58
Targets:
TP1: 1.90
TP2: 2.10
TP3: 2.35
Invalidation:
Close below 1.58
Why This Setup:
I’m looking for continuation after the strong breakout and higher-high structure on the 1h chart. Price is consolidating above the breakout zone, and a clean pullback hold here keeps the trend intact with room for the next liquidity sweep higher.