The price bounced from the support zone
formed by SMA100 and 650.00 support level
. After that we got a breakout above the downtrend line. It gives us a new buy opportunity. MACD
supports further upward movement. DMI allows opening long trades. Pending orders for buy should be placed above the high of the signal candle at 748.00 level. Stop orders must be placed below the local swing low at 614.00 level. As for profit targets, the most logical levels for exit can be 850.00 and 900.00 levels. If you don't like such risk / reward ratio, it's better to skip this trading signal.