Buy above 106.48. Stop loss at 105.81. Take profit at 108.51.
Reason for the trading strategy (technically):
Price has rose perfectly to our profit target and looks poised to rise further after breaking a strong descending resistance-turned-support line. We look to buy above 106.48 ( , horizontal overlap support, breakout level) for a push up to 108.51 ( , horizontal pullback resistance). We do have to be cautious about 107.78 resistance as price might react off that level.
(89) has made a similar exit signalling a change in momentum from to .