In my earlier analysis I have said that we can go long above 9119 supply zone and price sustained above the zone and price is moving in the range since then.
Upper level was 9218 and lower being 9019, lets analyse how we can trade in such scenario.
As mentioned on the chart after making top of 9218 price made double bottom at 9019, top made before touching 9019 again was 9132. In today's trading price closed above 9132 hence we can expect price to touch 9218.
Once we witness followup up move in the price tomorrow or in near future, we will get conformation of up trend(trend is intact) as price will be above previous swing high. I am not suggesting any trade, I am sharing this view because such price action takes place after long time(when there is little history available at the left side of chart, we are in new price area) and if we continue to move up only, then structure or channel or Fibonacci like tools will come to our help. I personally like to use structure, traders can apply same logic on different time charts (For long or short) and protect their profits.
If price will fall in coming weeks then levels to trade will be the same as demand and supply zones mentioned in my previous posts.
