The resistance level
1260.00 was broken and now we can think about entry levels for opening long trades. If we buy from the current level, it won't be a good idea, because MACD
histogram falls and RSI
is in overbought zone. It's much better to wait for correction to 1260.00 or MA20 and buy from these levels. ADX
line rises above 20 value and it shows that we have a beginning of a new up movement. Our target is to find the right time for opening long trades.