– Previous Daily candle closed strong Bullish at 186.250 as price tap into the Strong Monthly Resistance formed in November 2015.
– Buys on close above 186.350 targeting Daily previous Resistance formed on 5th November 2015 at 187.000, Leaving Runners to the Weekly Rejection area from November 2015 at 187.400.
– Sells on close below 185.510 targeting 4h previous Resistance formed at 185.200, Leaving Runners to the next 4h Support formed at 184.610.
– Ideally is to allow price to pullback below 186 level and consolidate, to then have a nice setup for high volume time leading to Pre London open.
– Buys on close above 186.350 targeting Daily previous Resistance formed on 5th November 2015 at 187.000, Leaving Runners to the Weekly Rejection area from November 2015 at 187.400.
– Sells on close below 185.510 targeting 4h previous Resistance formed at 185.200, Leaving Runners to the next 4h Support formed at 184.610.
– Ideally is to allow price to pullback below 186 level and consolidate, to then have a nice setup for high volume time leading to Pre London open.
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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.