46-47 is not tested yet. And PA has rejected 56 (weekly Pivot) Stay neutral and wait for good entry.
My main chunk of long orders still around 47 but I am not sure if we are going there again when we just closely missed yesterday.
Long entry at 54 and order at above 57 is point of interest.
I have indicated several long locations with green boxes. And dont forget to add more long above the R1 (1267 area)
Second green arrow (72) should be achievable soon. Dont forget to take profit at stages and shift up your SL.
Watch this area if break up, use it as launchpad to reload long.. If it slides down, prepare to load at 67.
Loaded 3rd long at 77 area when PA shows it is supported. Now all SL should be below 68 or to be safe, 64.
Remember we are only at the middle of the week. I personally feel this move is too fast. Either it will break 85 by end of the week, or 85 will be a heavy rejection point. Take note of this!
All 3 out of 4 TPs are reached. Week is still young.
Watch the Final target of this week and potential reloading area. Close everything on the final flag (4th arrow). Let the market decide to continue heading up or pullback.
If you want to try higher, wait for 80 then 83. Cheers..