FORM momentum continuation setup
I’m watching $FORM after a strong impulsive move and clean consolidation. Price broke above previous resistance and is now holding higher levels which tells me buyers are still in control. Volume expanded on the breakout and the pullback is shallow, showing strength not exhaustion.
Trade Setup
Entry Zone
0.405 – 0.415
Targets
Target 1: 0.435
Target 2: 0.460
Target 3: 0.490
Stop Loss
0.388
Why this works
I’m trading a classic breakout and hold structure. The market formed higher highs and higher lows, reclaimed resistance as support, and printed strong bullish candles. As long as price holds above the breakout base, continuation is the higher probability move. Risk is clearly defined and reward outweighs it.
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