Placed a buy order on the Singapore 30 last week as price has continued to show strong bullish momentum.
Price not only broke past its bullish order block at 291.95 but it also give us a breakout on its downward fan showing that it is going to continue to push to the upside.
Buyers should look to add more positions once price either breaks above its key level of resistance at 312.43 and holds it as support or, once price gives us a corrective retest at the order block at 291.95.
Buys will be invalidated if price breaks below the bullish order block.
TP - 377.14
SL - 283.76
Price not only broke past its bullish order block at 291.95 but it also give us a breakout on its downward fan showing that it is going to continue to push to the upside.
Buyers should look to add more positions once price either breaks above its key level of resistance at 312.43 and holds it as support or, once price gives us a corrective retest at the order block at 291.95.
Buys will be invalidated if price breaks below the bullish order block.
TP - 377.14
SL - 283.76