This is the weekly chart we have been tracking and following for our long-term targets. As you can see we have been tracking this level to level from the dip and then all the way up hitting all targets so far.
Once again we saw the ema5 attached from the retracement down followed with a push up like we suggested.
We have now seen 5 weekly candle body close above 1787 opening up a long range gap target to 1858, but this time we have a EMA5 cross with the candle body close above 1787 confirming and strengthening the movement. As always we will need to expect and have a plan for any retracements driven by volatility in the markets.
We will use our smaller timeframe setups to navigate and trade this range level to level.
As always, we will keep you all updated with regular updates throughout the week and how we manage the setups. Please don't forget to like, comment and follow to support us, we really appreciate it!