Quick update on our TARGET - 1816. - BOOOOOM. What can we say once again we called it and we called it one way (see related post below). We banked at 1816, which was identified with a EMA5 cross and candle body close leaving a gap to Target.
We will now wait and sit back to see how EMA5 challenges 1816. If we see a cross with a candle body close above 1816, it will confirm 1824 and 1828. Although we also have long range targets above together with the Bullish structure we have identified, therefore we remain Bullish and continue our plans to Buy dips from good support levels.
We will post an update with analysis this evening to gear up for the morning.
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