Completing a double bottom in recent price action has alerted the bulls in this market. I continue to believe that 1765 is a key level for price to not only test but to break if the bulls are to reach the 2k levels of 2020.
- Short term we see this going to 1765 with some momentum to the upside - MAs are looking good but again, further confirmation is needed for probability - Scalp entries on the shorter time frames such as 15/30min for the next 300
PLEASE SEE MY RELATED IDEA FROM PREVIOUS ANALYSIS
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Trade active from 1721.5 and stops are now at breakeven. On to the next one!
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Trade is running in healthy profits for stops to be placed at breakeven.Targets at 1755-1765
Trade closed: target reached
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Targets closed at 1755 on the retest of structure highs. As a long term bull, more entries can be taken long term after 1765