We know with a lot of triangle patterns they have the tendency to give false signals, while many traders were saying sell we were saying buy! Our level of 1795 has been hit, however, we can see this going a little bit higher over the remaining sessions of the week. We have moved our higher target to around the 1810-15 mark now as we're anticipating another move into that zone before we test the short trade to the lower levels. Right now we can see 1795 had a strong reaction so its normal for the price to want to pullback a little before trying to breach it. As long as this stays above the 1775 mark we will remain short term bulls only looking for these close range targets.
Our long term plan is to get that short opportunity and catch this down again as we have done previously.
As always, trade safe.