It feels like I have been waiting for this pair to hit 162.50/163 forever..and then retrace? not any longer that was so 1994...
coz the more i look at this baby the more it looks like heading a lot higher. Yes 162.50 might provide some resistance but i'm no longer expecting that significant retrace from that zone.
She remains northbound until the fat lady sings.
The 0.50 Fib is @ 167 zone and should be the point to provide good dynamic resistance (Daily)...PA has been crazy to say the least but i'm now a lot more comfortable using larger SL as geppy unfolds it's mysteries.
Bias remains long...next TP @ 162.50 ..it will be prudent to take some off at this point. Looking to buy of 159.80 support zone...using standard SL.
Happy Pippin.
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