A healthy retracement of the latest bull run since 10500 is expected. As you can see on the chart, price is at 61,2% of fibonacci with many wicks below but closed above. This means there were huge demands at this level. Besides, in the 1H timeframe, we can see that there is a bullish divergence forming. It is required that price closes at this level or above to confirm it and it is very likely that it will.
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If you missed the first entry, you could consider take a shot at the retest of 17450 level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.