As expected and stated yesterday price is still ranging between both structures. We were able to capitalise on this by carefully taking a buy signal from the bottom of the structure into the resistance structure for a perfect exit in accordance with our plans to buy dips.
Not much to change or adapt on this chart, as price is still within the range and therefore setup and levels are re-useable, until we see EMA5 cross and lock either structure to confirm breakout direction.
Although we have Bearish targets on the chart, we do not target them directly but instead use them to manage potential swings, as we remain with our long term plans to buys dips using strategic support levels for entries and exits.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
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