Strong Bullish Signal: The price demonstrated a sharp growth supported by the large volume and positive delta. It means that the smart money pushed the price upwards. Moreover, the price broke out the previous resistance. Volume Zones: It is necessary to allocate an important level of support 17.73, where the large volume is concentrated. Consider Long Positions: Given all these factors, we should give preference to long positions. We may enter the market after a smooth downward correction of the price, in order to get a more profitable entry point to the market. A stop loss may be placed below the level of support. Profit Potential: Around 70 pips.
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