So we have a classic S/R play on this one
with .78 fibbs level working as a retracement in aggressive downtrend in the past. It has broken out after a recently long consolidation but got rejected at level 2. It broke the level 1 but found support at 10ema and been making gains since the start of the week. Currently the rising volume
supports the uptrend. We have a very volatile market conditions presently so it would be ideal to take an objective trade with nice RR with Stop loss.
So the plan is-