That 0500-0510 heralded as holding offers by mni being a previous hourly swing lo and hi and a 4hr swing lo, and area of thursday's U.s Hi.
As a high probability market entry it doesn't get much better, with clear identifiable reasons for resistance, oscillator extremes/divergence, band deviation and price action confirm with other channel breech supporting factors , stochastics being in extreme o/b 90+ readings to 30min up there too. Confluence, confluence and more confluence.
Great set-up there shown in the screencap (just showing off some new screencap and edit software, ( lol) 0476-0439 becomes the last 5/15min potential RBS zone (5min congestion) in the uptrend.