1st Possible Scenario - The two rectangles are support Zones. Also based on Other People's Eliot Wave Theory we should be headed for a Correction Donwards.
2nd Possible Scenario - Given the Fibonacci Retracement Line, The Circle represents the fact that correction may already have been made and we might be seeing a huge breakout soon...
I plan to try buying 50% between 3050-3100
25% buy order on 2930
Remaining 25% Buy order on 2600