It is been observed that the price action breaking above the resistance levels of 138 and now retracing back to it making it a support levels. Now, it is moving up to next resistance level at 144-145 levels.
@ms555, Yes, but I was still interested to buy it as it didn't breached the support zone, indicating buyers control over price action. It is true that I have put stop loss very tight which should be given more room too as per the trade. I appreciate your follow-up and would advise to always focus on trend when entering such trades. Regards