Strategy: ICI
Strong impulse off the lows of 4000. 3 strong bullish candles followed by a healthy retracement past the 38.2%.
Respected the 10 & 20 day moving averages + the volume shelf at 4350.
Resistance ahead! it needs to clear the 50 day MA with strength. Then more resistance at 4535.
A strong finish to the week will compliment the trade idea.
Profit Targets:
1st Target - 4700
2nd Target - 4883
3rd Target - 5120
Strong impulse off the lows of 4000. 3 strong bullish candles followed by a healthy retracement past the 38.2%.
Respected the 10 & 20 day moving averages + the volume shelf at 4350.
Resistance ahead! it needs to clear the 50 day MA with strength. Then more resistance at 4535.
A strong finish to the week will compliment the trade idea.
Profit Targets:
1st Target - 4700
2nd Target - 4883
3rd Target - 5120
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免責聲明
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