Our Buy Stop of 602, as introduced in the previous post, was hit today. We were filled at 602 3/8.
We had a nice Bullish move and closed near the high, which is also Bullish. We raised our Stop from 575 to 592, which is just under today's low at 592 3/4. If we go below today's low before hitting the 61.8% Fib Extension, after the move we had today, which was not excessive, then something's wrong.
Holding the Target at 619. The candle we need to hit our target tomorrow, from today's close, is shorter than today's candle. So, we are in a good position for this trade to hit its target, Trading Gods willing.
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