We have had an awesome week so far, trading the range Goldturn to Goldturn and buying dips from support levels.
We remain Bullish in the long term seeking out opportunities by managing ranges and in the event of consolidation ranges we have been buying and taking profits 20 to 30 pips at a time to avoid traps for the Breakouts or Fakeouts. This strategy prepares us for both outcomes.
2H CHART RETRACEMENT RANGE AT 1910 2H CHART SWING RANGE AT 1891
2H CHART TARGETS AT 1934, 1942
We need to see EMA5 break and close above 1960 to open the upper range again. A failure to cross and lock will see a rejection back into the lower range.
As always we will keep you all updated with any changes to our plans. Please don't forget to like, comment and follow to support t us.
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