The price bounced from 270.00 support level
and moved upward. RSI
confirmed price reversal. MACD
supports upward movement. DMI allows opening long trades. If the price breaks the donwtrend line and SMA100, we'll get an additional confirmation of further upward movement. It will be a new buy opportunity. We can wait for the breakout and buy from the market. But also we can use pending orders for entry placed at 292.00 level. Stop orders must be placed below the local swing low at 266.00 level. Profit targets are 320.00 and 360.00 resistance levels.