Our 4H chart ideas is also playing out perfectly with out first target at 1879 now complete.
We also have EMA5 cross and lock 1865 opening remaining 1895 and 1906 levels. This will be strengthened if we also see our 1H chart level 1878 break with EMA5.
We saw price break out of the Goldturn ascending channel and testing a strong resistance structure. We may see a failure here and retracement back into the channel.
EMA5 has also broken out of the channel further strengthening the Bullish structure.
Our plans to buy dips from support levels is still in play and we will continue to track and trade the movement level to level using our EMA5 cross and lock strategy to confirm the movement.
EMA5 CROSS AND LOCK ABOVE 1865 WILL OPEN 1879, 1895 and 1906
BULLISH TARGETS 1879 - DONE 1895 - 1906 -
BEARISH TARGETS 1854 - 1836 -
SWING RANGE 1817 -1805
EMA5 CROSS AND LOCK BELOW 1805 WILL OPEN 1797, 1788, 1779 AND 1772
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!