Good long term opportunity.
Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now.
Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry. EMA’s have crossed and started to turn up also, giving me confidence in this trade.
Many targets along the way from 68-over 570% potential profit. Will reassess at each level.