The price retraced to daily support DS1 after getting rejected from weekly resistance WR1. Weekly resistance was supposed to push price down, specially after that level being a strong zone for liquidity. However, the daily support is a good zone for the support. The price may trade here for a while but I believe the price will bounce here at least towards 4HR1. We will see how the price reacts once it reaches 4HR1 and act accordingly. Therefore, lets try this long trade setup. Let me know what you think.