30M chart looks to have broken the sideways corrective movement to the upside. This on the back of the 100 SMA
and a bullish RSI
reading. We're interested buyers, with an impulsive-corrective-impulsive sequence as our trading concept, our target area for this next bullish
impulse is around the weekly R2 pivot
zone. Our risk-to-reward on the position will be slightly over 2.5 to 1.