The market has moved lower over the last few days but managed to hold the last support level on the 1hr chart . When the price did hit it there was a strong bullish candle + good volume. I have bought with a stop at 1060 and will look to hold this into next week with a target of 1300 which is where we could see some resistance due to being a round number.
I have gone long with a target of 1200/R2 You can see we had some volume where the green arrow is on the chart which showed traders are active and with the price so close to resistance I took the opportunity to buy. We are also seeing an increase in volume with the price moving towards the resistance area.