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$LA | 1H | Reversal Bounce
Bias: Long
Entry Zone: 0.0592 to 0.0598
Stop Loss: 0.0578
Targets:
TP1: 0.0608
TP2: 0.0618
TP3: 0.0630
Invalidation:
Close below 0.0578
Why This Setup:
I’m looking for a reclaim of the 0.0590 area after the recent selloff and sharp bounce from the lower range. If price holds above the breakout zone, I expect a move back into the prior resistance band with room toward the recent swing high.