Another great day on the chat today buying dips in true level to level style.
After hitting our Bullish target yesterday at 2355 we stated we had 2382 left open. Once again we delivered the results with 2382 hit today completing this target.
We now have a gap left open at 2408 but we will only continue to buy dips also keeping in mind our retracement range at 2312.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
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 2355 - DONE
EMA5 CROSS AND LOCK ABOVE 2355 WILL OPEN THE FOLLOWING BULLISH TARGETS 2382 - DONE 2408
EMA5 CROSS AND LOCK ABOVE 2408 WILL OPEN THE FOLLOWING BULLISH TARGETS 2426 2455
EMA5 CROSS AND LOCK ABOVE 2455 WILL OPEN THE FOLLOWING BULLISH TARGETS 2474 2499
BEARISH TARGETS 2312
EMA5 CROSS AND LOCK BELOW 2312 WILL OPEN THE SWING RANGE
SWING RANGE 2239 - 2196
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!