The price is currently trading between key levels 1&3. The price tested and key level 3 and daily trend line supporting the bullish view. At the moment the price is trading close to key level 2 with 3 previous tests of this level. Looking for a short term buy opportunity at the break of this level and subsequently the short term term trend line with target being key level 1.
If the above holds successfully, the break of key level 1 will give a further buy opportunity with high success probability as it will be a breakout of the range rectangle.
If the above holds successfully, the break of key level 1 will give a further buy opportunity with high success probability as it will be a breakout of the range rectangle.