$ALGO Breakout Recovery Setup
Long Setup
Entry: 0.1320 – 0.1370
Stop Loss: 0.1240
TP1: 0.1485
TP2: 0.1550
TP3: 0.1617
ALGO has staged a powerful reversal from the 0.11507 low, breaking sharply above the previous consolidation area with a major expansion in volume. Price is now trading around 0.1392 and testing the recent 0.14355 high, which is the immediate resistance to watch.
The preferred approach is a pullback into the 0.1320–0.1370 zone rather than chasing the current breakout. A clean breakout and hold above 0.14355 could open the way toward 0.1485, followed by 0.1550 and 0.1617.
A sustained move below 0.1240 would invalidate the setup.
$MET
$OGN
Long Setup
Entry: 0.1320 – 0.1370
Stop Loss: 0.1240
TP1: 0.1485
TP2: 0.1550
TP3: 0.1617
ALGO has staged a powerful reversal from the 0.11507 low, breaking sharply above the previous consolidation area with a major expansion in volume. Price is now trading around 0.1392 and testing the recent 0.14355 high, which is the immediate resistance to watch.
The preferred approach is a pullback into the 0.1320–0.1370 zone rather than chasing the current breakout. A clean breakout and hold above 0.14355 could open the way toward 0.1485, followed by 0.1550 and 0.1617.
A sustained move below 0.1240 would invalidate the setup.
$MET
$OGN