Price has been in a W-uptrend quite some time now.
It recently respected W S&R and started a new daily uptrend (last couple of weeks). A few days ago we broke a triple tapped daily .
Following our earlier projection, we now have a nice confirmation candle*, closing higher then the previous bear candle. This is an ideal spot to take the trade with a slight retracement. Our TP is projected at some very strong S&R, optionally u can opt 50% out at the pink line, which is less strong resistance. TP'ing higher probably isn't very profitable because a retrace from the blue line is most probable.
*Note that with confirmation, the move is just a lot more probable. It's never a 100% certainty. I'll follow up price action during my trade also, and evaluate if it supports or hints for resisting the move.
Update 28/04: Price is using 1.4923x line to come back down again. I'm looking for respects on previous S&R (the line at 1.4812x adjusted a bit to 1.4782x). Also I'm keeping an eye on our upwards . Trade still looks valid, this week we'll know to run with smallish profit, or stay in and go for our TP.