- Ascending triangle pattern on 4H, which positive MACD suggests higher prices could follow.
- Downside risk is always but I'd favor this for a run up to 200/204.
- I have starter position at 181 with stop loss at 175.
Comment:
As expected, hit my target today at 204...I got out seeing overall weakness at these levels. Could make a bigger move, but I'd like to see how it acts below 204 before taking on risk.
Trade active:
This time it did held the gains...looking strong....might see 225-240 zone in a months time. Will enter on any pullback now.