On the weekly timefame market is in a uptrend and last weeks cande closed with a stong bullish candle were the next one should fill in the wick, on the daily market is also in a nice uptrend and recently broke above resistance with a bullish impulse followed by a nice correction to the 0.382 fibonacci, now we are expecting to see a second impulse and market to form a new higher high from a daily perspective and fill in the wick from a weekly perspective.On the 4hr we are waiting for a break above the previous high so a new higher high to form then on the retest we can look for entries.
Trade closed: target reached:
closed position a little early nice +4% gain.
