– Previous Daily candle closed small Bullish at 183.720 forming Daily Support around 183.270.
– Buys on close above 183.870 targeting 4h Weak Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650.
– Sells on close below 183.350 targeting 4h Support formed around 183.000, Leaving Runners to the 4h previous Strong Resistance formed on 9th August 2023 around 182.740.
– As the Daily formed Support, price could be retracing to allow the Weekly candle to form a higher top wick before breaking the lows again.
– Buys on close above 183.870 targeting 4h Weak Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650.
– Sells on close below 183.350 targeting 4h Support formed around 183.000, Leaving Runners to the 4h previous Strong Resistance formed on 9th August 2023 around 182.740.
– As the Daily formed Support, price could be retracing to allow the Weekly candle to form a higher top wick before breaking the lows again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.