What a smashing couple of days. Those following us can clearly see the targets we identified (see related posts below) all HIT perfectly. 1816, 1824, 1828 H1 CHART targets done.
What can we expect now?
Although our last target of 1828 has been hit that does not mean 1834 is now open. We would like to see EMA5 cross above 1828 with candle body close to open target for 1834. We will keep you all posted when we see the confirmation. For now we remain Bullish and, as confirmed throughout, we will be buying dips. If EMA5 fails to cross and lock above this level, then we will see some retracement again towards 1816 otherwise we have another clean run up towards the upper targets.
Please note the swing range in taking buys in this range, it helps me manage my risk.
We will be posting updates, levels and targets on H4 and D1 charts shortly so stay tuned.
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