– Previous Daily candle closed weak Bullish at 183.070 as price has been consolidating across the 3 trading sessions on the lower timeframe.
– Buys on close above 183.180 targeting 4h Resistance formed at 183.500, Leaving Runners to the 4h Strong Resistance formed at 183.830.
– Sells on close below 182.530 targeting 30min Support formed at 182.100, Leaving Runners to the 1h previous Support formed at 181.510.
– As the Tuesday Daily has ranged and 4h consolidating there could be a possible Rejection to the upside as price failing to push above, then potentially for price to retest the previous 4h Resistance formed around 181.850.
– Buys on close above 183.180 targeting 4h Resistance formed at 183.500, Leaving Runners to the 4h Strong Resistance formed at 183.830.
– Sells on close below 182.530 targeting 30min Support formed at 182.100, Leaving Runners to the 1h previous Support formed at 181.510.
– As the Tuesday Daily has ranged and 4h consolidating there could be a possible Rejection to the upside as price failing to push above, then potentially for price to retest the previous 4h Resistance formed around 181.850.
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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.