The price is maintaining a bullish structure:
-EMAs with positive slope
- Strong MACD and expanding
But we're right at resistance
Scenarios:
Scenario 1: Breakout (rupture with continuation)
Entry condition:
Strong candlestick closing above 80,800 – 81,000
Volume is supporting (key)
Entry:
On the retest of 80.8k–81k (don't chase the candlestick)
Stop Loss:
Below 79,700
Take Profit:
TP1: 82,500
TP2: 84,000
TP3: 86,000+
This is the cleanest trade if the market decides to continue
Scenario 2: Micro-pullback (the most likely now)
Zone of interest:
EMA 10 → approx 79,400
Strong zone: 79,000 – 78,500
Confirmation:
Rejection candle (lower wick)
The bullish engulfing candle
Entry:
After confirmation in that zone
Stop Loss:
Below 78,200
Take Profit:
TP1: 80,700
TP2: 82,000
TP3: 84,000
This is the trade with the best risk/reward ratio
Scenario 3: Fake breakout (trap)
Signals:
Breaks 80.7k but:
No volume
Weak candle
Quickly goes back below
Entry (more advanced):
Short if it loses 79,700
Stop Loss:
80,800
Take Profit:
78,500
77,800
Clarification:
This is my personal opinion, not an investment recommendation