*Buy Setup:*

1. *Entry*: Buy at 110,800.0 (breakout above resistance)

2. *Stop Loss*: 110,450.0 (below recent consolidation low)

3. *Take Profit*: 111,500.0 (target based on recent range and volatility)

*Sell Setup (for reference):*

If you were considering a short trade, you'd look for a breakdown below support. Let's assume support is around 108,665.0.

1. *Entry*: Sell at 108,600.0 (breakdown below support)

2. *Stop Loss*: 109,000.0 (above recent resistance or consolidation high)

3. *Take Profit*: 107,500.0 (target based on recent range and volatility)

Key considerations:

- *Risk-reward ratio*: Aim for a ratio of at least 1:2 (risk:reward).

- *Position sizing*: Manage your position size to limit potential losses.

- *Monitor and adjust*: Keep an eye on the trade and adjust your stop loss or take profit as needed.

Do you have any specific questions about stop loss or take profit strategies?

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