Levels are on the chart so please add these intraday levels along with the Daily levels we’re going to publish next. In scenarios like this where the price action looks uncertain its best to trade it level to level and have a strict stop loss policy in place. Excalibur gave us a long signal which has now hit its target, we do know that after an Excalibur target is hit it usually pulls back a bit so keep an eye on that below. If 1802-5 acts as resistance today then its likely this will come back down to test the low and potentially open up the lower levels of 1750 and then the KOG target of 1720. For now we’ll take longs for the retracement and short capture, however, we shall remain short on this unless it breaks 1830 and holds above it. Its Friday so try not to enter any trades after the US session unless the setup is there, which we will share with you if it arises. Don’t get stuck in trades over the weekend, we want to see how this weekly candle closes today and ideally start Fresh on Monday.
As always, trade safe.