Looking for a continuation trade. Currently not an ideal entry price. Wait for a retest and rejection of 2400 before going long. SL TP levels on the chart. Trade safe; look for confirmation of bounce rather than aggressively entering the trade.
Price has bounced off the trendline and support level on H4 timeframe following a major news release and printed a reversal candlestick. RSI also shows divergence. Risk reward is slightly unfavorable however. Might want to wait for better entry