Just a quick update on our previous ALGO trade, So far, it has performed as expected, hit resistance within the past week, and was rejected slightly back to it, We're currently expecting the current resistance level to break over the next 48 hours.
Targets from last chart remain the same, Expecting us to break UTL1 (Updated Target level 1) within the next 48 hours, after that major resistance I expect a sharp break upwards towards UTL2 before a potential cook off wick and then continuing to next targets, expect the first two targets to be broken within the week.