Price is holding above ascending trendline support with stochastic indicator testing support where price bounced in the past. A further push up above 1st support at 1844.46 towards 1st resistance at 1864.34 could be likely
Trading Recommendation
Entry: 1844.46
Reason for Entry:
88% Fibonacci retracement and ascending trendline resistance
Take Profit: 1864.34
Reason for Take Profit:
Recent swing high resistance
Stop Loss: 1834.10
Reason for Stop Loss:
Horizontal swing low support
