It is been observed on the hourly chart that the price action making a higher highs and higher lows, indicating further up move ahead. It is also observed that the price action may reach out to the gap zone to fill up the Gap.
Target 1: 61
Target 2: 63
It is been observed that the price action was trading within a downward trendline and now, the price action breaks above the trendline and confirmed the breakout while closing above 75 levels. This indicated a buyers coming back and taking dominance over price action and now it shall further move up.
Risk Reward: 1:1