$ALLO
Opportunity to buy
Time frame: 15 minutes
Direction: Bullish continuation after forming a higher low. Entry point (buy)
0.1235 – 0.1245
(Prefer to enter on a slight pullback / stability above the support level 0.1230)
Targets
Target 1: 0.1260
Target 2: 0.1280
Target 3: 0.1315
Stop Loss
0.1210
(Cancel entry below the daily support level and demand zone)
Key Levels
Support: 0.1230 / 0.1215
Resistance: 0.1260 – 0.1285 / 0.1320
Technical Analysis
Price is forming higher lows on the shorter time frame
Strong reaction from the demand level 0.121–0.122 area
Stability above the volume weighted average price/daily support encourages continuation upward. Breaking the level 0.1260 and stabilizing above it opens the way towards 0.13+
Risk Management:
Move the stop loss to break-even after securing the first profit target. Partial profit taking is recommended.
