Potential medium term play, but comes with risks. If the candles don't poke through the 50 EMA and close above, watch for potential reversal below the lowest point below 7200, most like down to previous low support.
Alternatively, if it does break the 50 EMA, and fails to close above the high (red line) it will most likely come falling back down too.
Alternatively, if it does break the 50 EMA, and fails to close above the high (red line) it will most likely come falling back down too.