Technical Analysis
1. Pennant Pattern Breakout
2. Waiting for the pullback before we re-enter to reach 340.00 which is at Fibonacci Expansion 1.618 Take Profit Zone
3. Fibonacci Retracement and 1st Take Profit has been completed.
4. Waiting for Fibonacci Expansion 2nd Take Profit
Note, should there be consolidation at Fibonacci Level 1 (Grey Zone) we will prepare for a push up without the pullback
The entry point for the pullback is at 205.65 and Take Profit at 340.00
1. Pennant Pattern Breakout
2. Waiting for the pullback before we re-enter to reach 340.00 which is at Fibonacci Expansion 1.618 Take Profit Zone
3. Fibonacci Retracement and 1st Take Profit has been completed.
4. Waiting for Fibonacci Expansion 2nd Take Profit
Note, should there be consolidation at Fibonacci Level 1 (Grey Zone) we will prepare for a push up without the pullback
The entry point for the pullback is at 205.65 and Take Profit at 340.00
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