– Previous Daily candle closed small Body Bullish at 181.020 as price consolidate within the 4h and Hourly timeframe.
– Buys on close above 181.260 targeting 1h Resistance around 181.690, Leaving Runners to the next Hourly Resistance formed around 182.040.
– Sells on close below 180.470 targeting Daily Support formed on Wednesday around 179.930, Leaving Runners to the 1h Support formed around 179.660.
– As the Weekly candle is coming to a close it would be ideal to wait for price to break out of the Consolidation zone during high volume time.
– Buys on close above 181.260 targeting 1h Resistance around 181.690, Leaving Runners to the next Hourly Resistance formed around 182.040.
– Sells on close below 180.470 targeting Daily Support formed on Wednesday around 179.930, Leaving Runners to the 1h Support formed around 179.660.
– As the Weekly candle is coming to a close it would be ideal to wait for price to break out of the Consolidation zone during high volume time.
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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.