$FORTH
BULLISH CONTINUATION SETUP – BUY THE BREAK AND HOLD THE STRUCTURE
$FORTH is showing strong bullish structure with higher lows and sustained demand above the key support zone. Price has consolidated tightly below a major resistance, indicating accumulation and potential upside expansion. A successful continuation favors buyers as momentum builds for the next leg up.
LONG SETUP
Entry Zone: 1.560 – 1.570 (pullback confirmation)
Alternative Entry: Break and hold above 1.580
TARGETS
TP1: 1.600
TP2: 1.630
TP3: 1.670
STOP LOSS
SL: 1.520 (below key demand and structure support)
MARKET BIAS
Bullish while price holds above the 1.520 support zone. Loss of this level invalidates the setup.
RISK MANAGEMENT
Risk only 1–2% per trade, scale out at targets, and move stop loss to breakeven after TP1 is hit.
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