BULLISH ANYWHERE ABOVE 256.00
1. 1 DAY CHART INDICATES AN UPTREND.
2. NEW HH AND HL HAVE FORMED
3. THE 256 RANGE WAS A STRONG SUPPORT AND RESISTANCE AND NOW IS IN THE GOLDEN POCKET.
4. WILL PROBABLY BE UNDERBOUGHT BY THE GOLDEN POCKET LEVEL.
5. IF BOUNCE OF THE 50% FIB I WILL ENTER
If there is a retest in the 273.75 - 274.15 range I will enter long with my first take profit being in the 279.00-280.00 range.
If it breaks 274.60 I will short FB when a lower high form on the downtrend, my first take profit being from 269.00-270.00.