We posted our updated analysis yesterday highlighting EMA5 cross and lock opening 1833 and 1841, inline with our plans to buy dips. We took our long positions from support and trailed it all the way upto our target, confirmed with our signal activation
We will now wait and see how EMA5 reacts to 1841 and weather we see a rejection here at the resistance structure or a cross and lock above. EMA5 cross and lock above 1841 will open the remaining upper levels.
Our plans to buy dips is still in play and we will continue to track the movement level to level. Please also review our 4H chart setup for further level break confirmations or rejections.
BULLISH TARGETS TARGETS
1824 - DONE
EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1833 and 1841
1833 - DONE
1841 - DONE
BEARISH TARGETS
EMA5 CROSS AND LOCK BELOW 1810 WILL OPEN 1802 AND 1792
SWING RANGE
1792 - 1785
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