Looking at the week ahead we are still in the Trade on ALL.
Zones and targets remain the same we can see the last hour of the day on
the hourly chart ended with bullish volume. Which is a good sign for our upside targets.
Target 1: 92.05
Target 2: 93.82
Target 3: 96.00
Target 4: 102.24
Stop: 90.00
Notable zones to watch for a reversal:
Zone 1: 96.00-97.5 (two consolidations around those price points.)
Zone 2: The psychological zone of 100.
I would expect higher targets if the 93 target price is broken with bullish volume, but there are two
consolidation points that are likely to trap it which is why the target is refined from the previous week.
Best of Luck,
--d0x
Zones and targets remain the same we can see the last hour of the day on
the hourly chart ended with bullish volume. Which is a good sign for our upside targets.
Target 1: 92.05
Target 2: 93.82
Target 3: 96.00
Target 4: 102.24
Stop: 90.00
Notable zones to watch for a reversal:
Zone 1: 96.00-97.5 (two consolidations around those price points.)
Zone 2: The psychological zone of 100.
I would expect higher targets if the 93 target price is broken with bullish volume, but there are two
consolidation points that are likely to trap it which is why the target is refined from the previous week.
Best of Luck,
--d0x
Comment:
Hit one target. Still in the trade from last week at 90.09
Trade closed: target reached:
Exiting at 93.30
