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$FRAX (1H) - Momentum Breakout
Bias: Long
Entry (Zone): 0.5070 - 0.5125
Targets:
TP1: 0.5250
TP2: 0.5380
TP3: 0.5520
Stop Loss: 0.4985
Why this Setup:
I’m seeing a clean 1H breakout with strong bullish expansion and follow-through above the prior consolidation base. I want to buy pullbacks into the reclaimed breakout area and ride continuation as long as price stays above the 0.5000 level, with room for a push into the next liquidity zones.
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