Everyone's sleeping on $AKE as it breaks out above the $1.20 resistance level, but I think this is where the real move starts.
$AKE - LONG
Entry: 1.4212 – 1.41
SL: 1.38
TP1: 1.44
TP2: 1.50
TP3: 1.60
Why this setup?
* RSI on the 1H is coiled at 60, ready for a squeeze
* ATR is increasing, showing volatility is back
* My bias confidence is high due to the reclaim of the $1.20 level on the 4H
* Timeframe divergence is aligning as we see a flush of the lows on the 15m
Debate: Are you fading this breakout or riding the momentum to new highs?
$AKE