We have been following this chart from last week, which has been playing out perfectly! Hitting level to level in sequence, finishing off Friday with our final TARGET hit.
We had the 1862 target HIT and now rejected here and potentially opening retracement to 1842 zone. However we are expecting 1862 to be hit again, as our next TARGET and we also have a gap open to 1879. 1879 is still quite far off and therefore targeting buys from dips and banking 30 to 40 pips at a time is the safer strategy for this market, when chasing a trend in volatile conditions.
BULLISH TARGETS 1862, 1879
RETRACEMENT TARGET 1842
SWING RANGE TO MANAGE RISK 1835
As always we will keep you all updated with any changes to our setups, please don't forget to like, comment and follow to support us, we really appreciate it!
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