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$VELVET | 1H | Momentum Breakout
Bias: Long
Entry Zone: 1.33 to 1.37
Stop Loss: 1.18
Targets:
TP1: 1.48
TP2: 1.60
TP3: 1.75
Invalidation:
Close below 1.18
Why This Setup:
I’m looking for continuation after a strong breakout and high-volume expansion above prior resistance. The chart is showing momentum and trend acceleration, so I want a controlled pullback or consolidation above the breakout area before the next leg higher.