Yesterday we advised after hitting our final target at 2197 followed with the rejection back into the range will re-activate all the levels again.
Once again we saw price find support at 2175 Goldlturn followed with a nice push up into 2181 and 2191 for another round of buying dips with 2197 now left open.
We will continue with our plans to buy dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. Please also refer to our 4H chart ideas for further targets and activations.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS 2167 - DONE
EMA5 CROSS AND LOCK ABOVE 2169 WILL OPEN THE FOLLOWING BULLISH TARGETS 2175 - DONE 2181 - DONE
EMA5 CROSS AND LOCK ABOVE 2181 WILL OPEN 2191 - DONE 2197 - DONE
BEARISH TARGETS 2158
EMA5 CROSS AND LOCK BELOW 2158 WILL OPEN THE RETRACEMENT RANGE 2148
EMA5 CROSS AND LOCK BELOW 2148 WILL OPEN THE SWING RANGE
SWING RANGE 2138 - 2125
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!