It looks like we had momentum that started around the 7th of October and this was strong enough to thrust through the Monthly tenkan area (shaded rectangle). We then came back and seem to have tested that zone again on Friday with good rejection(look how sharply the Lagging just turned and faced up again!). So we should go up to the last high point (1st TP)which was daily and weekly SSB , retrace a bit and then resume the upward trajectory till we hit the Monthly Kijun area (2nd TP).
Entry: 2 small positions @ 82.292
SL: Just below the daily kijun @ 81.634
TP1: 83.452
TP2: 84.318
NB: Manage your risk appropriately!
Entry: 2 small positions @ 82.292
SL: Just below the daily kijun @ 81.634
TP1: 83.452
TP2: 84.318
NB: Manage your risk appropriately!
