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$IREN | 1h | Momentum Reclaim
Bias: Long
Entry Zone: 36.20 to 36.60
Stop Loss: 35.55
Targets:
TP1: 37.20
TP2: 38.10
TP3: 39.20
Invalidation:
Close below 35.55
Why This Setup:
I’m leaning long after the strong impulsive reclaim from the 34.00 area, with price now holding above the breakout zone around 36.00. I want a clean retest and continuation while volume stays elevated, with the next liquidity pockets sitting near 37.20 and 38.10.