We are riding this bullish trend to the first take profit. We wanted to identify key levels where market may retrace or find some consolidation. This trade is a test of our hypothesis.
Expectation: Market will retrace to the 61.8 and continue on to the trend not going lower than the lowest key level.
Expectation: Market will retrace to the 61.8 and continue on to the trend not going lower than the lowest key level.