The price consolidated in the support area at 1851.04. She came to this zone after the collapse last week. The zone consists of two lines (August and September 2020). The price dropped to the August line, then bounced and broke through the September line. I expect the price to move in several stages. 1. The price will continue to rise and break through the resistance of 1896.08 2. Then it is consolidated on the line. 3. Will grow to the next resistance line. The target is 1927.23.
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It's been dropping a bit since you posted this, but I still think a long position is the way to go. Even more so, if you hadn't bought yet the risk reward ratio just got way better actually because of that drop.
This is how I charted it: