A better risk-reward trade setup is to wait for the price to reach 110.00 and a good buy opportunity awaits.
SL @ 108.81
Buy limit @ 110.00
TP @ 114.90
Alternative trade would be
SL @ 116.52
Sell limit @ 114.95
TP @ 1
SL @ 108.81
Buy limit @ 110.00
TP @ 114.90
Alternative trade would be
SL @ 116.52
Sell limit @ 114.95
TP @ 1
If the resistance holds for next week, we can expect that the market will retest the recent support 111.74 (TP1) and potentially go to 110.10.