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$ALLO | 1h | Reversal Long
Bias: Long
Entry Zone: 0.392 to 0.399
Stop Loss: 0.384
Targets:
TP1: 0.405
TP2: 0.412
TP3: 0.420
Invalidation:
Close below 0.384
Why This Setup:
I’m looking at a reclaim after a strong selloff and base formation above the recent higher low. Price is pushing back into the prior breakdown area, so I want continuation if it holds this range and breaks the local resistance cleanly.