Two scenarios. One Long. Two Short.

Fundamentals:
–

Scenario 1 (Orange arrow)

Target: Next resistance level (upper red rectangle )

Requirments:
– retake of first resistance level 1 (red line)
– generating higher highs on the 1 hour chart after retake

Invalidation / SL:
– Fall under first resistance level 1 (lower red rectangle ) after retake AND generating lower low swings on the 1 hour chart

Time duration: days, weeks, months, years… 😉

Scenario 2 + 3 (blue arrows)

Target: Next support level (upper red rectangle )

Requirments:
– retake of level 1 (red line)
– break under level 1
– engage on lower swings

Invalidation / SL:
– No break above it
– No lower swings

Time duration: days, weeks, months, years… 😉

Good luck