Now the price has moved above the Range and has traded above the 'A' up value line for at least 15 minutes. This is our entry rule of time and therefore this is a buy.
The Daily Moving Averages are turning up and the MA14 is crossing the MA30 (red, yellow lines) which supports the bias.
A close above the 3 Day Rolling Range (RPR, green and yellow dots) is further confirmation that the market has turned modestly . With the price closing above the Daily Range we have confirmed a probable move up.
Place the stop loss at the Opening Range low (748.00) and the profit target as stated on chart.
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