Retest has been finished properly after a good bullish candle on weekly time so it can be a good buying opportunity. sure SL can be below the pullback and next target is around 48
Uptrend
Chart has been started a new uptrend strongly. My reasons are:
1. correction has been finished right above the 50-61.8 fib ret zone.
2.A descending trend line has been broken.
3.Chard has crossed from a major price level.
4. Breakout has been occurred by a good bullish candle.