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$ERA | 1h | Breakout Retest
Bias: Long
Entry Zone: 0.1005 to 0.1045
Stop Loss: 0.0968
Targets:
TP1: 0.1095
TP2: 0.1145
TP3: 0.1215
Invalidation:
Close below 0.0968
Why This Setup:
I’m seeing a strong 1h breakout backed by sharp volume expansion after a long downtrend, which suggests momentum has flipped bullish. I want a controlled retest/hold above the breakout area rather than chasing the extended spike.