Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
We can wait the breakout of the bull flag to buy the retest of the trendline or
We can buy yellow area accoring to demand > trading volume > hence previous Price Action.
It looks like the point of interest on lower timeframes
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Buy area: YELLOW rectangle
Buying range: ORANGE/BLUE label
Take-Profits: on chart
Stop-Losses: according to your risk tolerance to any line below entry price
REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade
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