What is the buying plan, objectives, entry point, and stop loss?
🔎 Notes from the chart:
Current price: 104.62
Today's highest price: 104.98 (near resistance).
Nearest current support: around 104.00 – 103.80.
The short-term trend is upward but slow, with pressure at the 105 area.
Trading volume is reasonable but still within a narrow sideways range.
🎯 Proposed trading plan (short-term):
Entry point: between 104.30 – 104.50 (an area close to support).
Objectives:
First target: 105.20 (breaking the current resistance).
Second target: 106.00 (if the upward momentum continues).
Stop loss: below strong support at 103.50.
📌 Important notes:
If the price breaks 105.00 with a 15-minute or hourly candle close and higher trading volume → there is a possibility to reach the second target.
If it drops below 103.50 with a close → it's better to exit as it might fall to 102.50 – 102.00.
Since the timeframe is small (15 minutes) you need to monitor quickly and act on the signals.
