While the price is above the support 553.100, resumption of uptrend is expected.
We make sure when the resistance at 965.400 breaks.
If the support at 553.100 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (799.300 to 738.500), if so, we would set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
Beginning of entry zone (799.300)
Ending of entry zone (738.500)
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.