A quick update for end of play today. As you can see the chart speaks for itself, we have hit our first target at 1852. Those of you, who have been following all our posts, would have seen how we have been calling each target step by step.
Price has reached the Goldturn channel half line at 1852 and now we need to see EMA5 cross this level to confirm movement to the upper level of the channel to the next target at 1856, 1859 AXIS (strong level) and 1872. We will review this by each level and keep you all posted.
Current RANGE VIEW (See related post below on how to read Range View) Its beautiful to see the Range Boxing in action here, showing a range view of the current price range and the entry into the new Range box, which is also inline with our overall analysis on 4H chart.
FOMC tomorrow, so we plan to stay out and if we decide to play, we will only be using small LOTS to test waters.
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