There is an evident bullish breakout in a weekly candle. Enter long to surf the tide...
If the local factors remain weak and the whole market falls keep your SL when the Daily candle closes below 376.
Use fib extension to set your targets. Happy trading!
This is a very good trend reversal. A long bearish trend seems changed. A long position could be taken here for those you would like to invest in.
For those who are willing to take a positional trade, please wait and enter after the pullback as we can expect the price to test the trend line.