On the 4 hour chart, we can see that from a risk management perspective, the buyers would be better off waiting for the price to come back down to the resistance now turned support around the 1885 level where we have also the confluence with the trendline, the 38.2% Fibonacci retracement level and the red 21 moving average.

This is where the buyers should step in with a defined risk below the support to position for another rally and target the break above the major trendline. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the lows.