3110 is a key number.
Any rise keeping below 3110 can be viewed for selling.
Bulls get a confirmation only above this number.
Greater T/f is a buy on dips.
Keeping below 700 prices will likely touch 566.00.
Holding 385-387 prices can jump for newer highs. Unable to hold the same we can expect a deeper correction.
It appears a temporary top on daily and price will fall in an overall uptrend (Week is in uptrend).
Sell on Rise keeping targets of 61.8% and 80% initially.
Uptrend on daily t/f but hour is week.
Buy on dip keeping above 2860. Keeping above 3040 strength returns.
Price inside a rising triangle. Two ways to trade:
1. Sell at resistance line and buy at lower support line.
2. Wait for a breakout/ breakdown.