After yesterday's retest of 4018.8 level, price has rebounded quickly & had given breakout above the bearish trendline, currently facing rejection from 4072 (which is a significant level) price has faced multiple rejection from it in the past, above that 4083.5 is resistance, immediate support is at 4042.

We should be waiting for the breakout of 4073 to initiate fresh long entries, higher the consolidation higher would be conviction, after breakout we could expect the retest of 4115-4120 level. Biasness is clearly supporting the bulls after yesterday's strong rebound.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.