$ALGO is breaking out after a long period of tight movement.
Price built a base around 0.1160, then pushed sharply through 0.1247 and reached 0.13032. It’s now holding close to the high so I’d rather wait for a controlled pullback than chase the spike.
Entry: 0.1265 – 0.1285
TP: 0.1303 / 0.1330 / 0.1360
SL: 0.1245
If 0.1265 holds, another push higher is possible. Below 0.1245, I’d step aside.
NFA. Manage risk.
Trade Here On $ALGO 👇
Price built a base around 0.1160, then pushed sharply through 0.1247 and reached 0.13032. It’s now holding close to the high so I’d rather wait for a controlled pullback than chase the spike.
Entry: 0.1265 – 0.1285
TP: 0.1303 / 0.1330 / 0.1360
SL: 0.1245
If 0.1265 holds, another push higher is possible. Below 0.1245, I’d step aside.
NFA. Manage risk.
Trade Here On $ALGO 👇