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$VELVET | 1h | Breakout Retest Long
Bias: Long
Entry Zone: 0.5560 to 0.5630
Stop Loss: 0.5460
Targets:
TP1: 0.5750
TP2: 0.5900
TP3: 0.6100
Invalidation:
Close below 0.5460
Why This Setup:
I’m looking for continuation after the recent reclaim of the 0.54–0.55 area, with price pressing back toward the prior swing highs. If this breakout holds and retests cleanly, I see room for a push into the next liquidity zones above.