The price is currently moving in a classic uptrend, forming a series of higher highs and higher lows. The trendline is acting as a dynamic support and resistance, reeminiscent of most indices. All timeframes from the daily to the hourly clearly show a defined uptrend. You know what they say in Latin, "Villi eme vende care". If you did not understand me, don't despair. It simply means, "Buy low and sell high!" That is what we will do in this case. The specifics of this trade are as follows:
Stop Loss: 11 800
Target: Between 12 400 and 12600
Stop Loss: 11 800
Target: Between 12 400 and 12600