Entry: Around 105.050 - 105.300 (based on the marked zone for potential breakout)
Target (TP)
First TP: 106.000 (near resistance zone)
Second TP: 106.350 (upper trendline resistance)
Stop Loss (SL) 104.500
SL: Below the trendline, around 105.000 for safer risk management.
Support & Resistance Levels
Support Levels:
105.050 (Key support)
104.500 (Major support)
Resistance Levels:
105.800 (Intermediate resistance)
106.350 (Upper trendline resistance)
Trade Idea
Wait for a bullish confirmation candle above 105.300 to confirm entry. If price retests the trendline and shows bullish momentum, that could provide a better entry with tighter risk.