It is common for these levels to converge closely, defining a precise range. In this case, the three numbers define a clear zone of support, represented by the orange lines in the chart. If this pair follows “the script”, price action (PA) will stabilize and reverse.
Once we see PA reverse convincingly, we will enter the trade. SL goes 10 pips behind the next relevant (X). TP1 = of AD and TP2 = of AD. There are potentially 120 pips to be made and the reward – risk ratio of this trade is 3.0.