However, I approach it with market theory. Markets only move in 3 ways, and we have seen 2/3 with the downtrend and range. Uptrend is the only one left.
You can see we had a very substantial strong 4 hour candle breaking above the range and even above the lower high established on the 4 hour chart. Technically, the close would be a good entry, however I would not want to enter and hold over the weekend. Don't like Friday breaks.
Come Monday, be patient and let us see if we can make our first higher low to establish that we are in an uptrend now. This can possibly come with a retest of the break out point.
1.1220 would be first TP.