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$ALLO | 1h | Breakout Retest
Bias: Long
Entry Zone: 0.4840 to 0.4870
Stop Loss: 0.4470
Targets:
TP1: 0.5120
TP2: 0.5300
TP3: 0.5580
Invalidation:
Close below 0.4470
Why This Setup:
I’m watching the current breakout hold above the 0.4840 area after a sharp expansion move. If price accepts above the prior resistance and retests cleanly, I think the next leg can extend into the recent highs with momentum behind it.