– Previous Daily candle closed bearish at 1995.100 respecting Daily Resistance formed on Friday 14th April 2023 and tapping into Daily Support formed on Tuesday 11th April 2023.
– Buys on close above 1997.300 targeting 1h previous Support formed at 2004.600, Leaving Runners to the 4h Resistance formed at 2010.600.
– Sells on close below 1985.300 targeting 1h Strong Support formed at 1978.200, Leaving Runners to the Daily Support formed at 1969.400.
– Based on how the previous Weekly candle closed forming Resistance around 2007.800 and leaving a Rejection Wick around 2048.700, there is a higher probability for price to retest the recent Weekly Support formed on 3rd April 2023.
– Buys on close above 1997.300 targeting 1h previous Support formed at 2004.600, Leaving Runners to the 4h Resistance formed at 2010.600.
– Sells on close below 1985.300 targeting 1h Strong Support formed at 1978.200, Leaving Runners to the Daily Support formed at 1969.400.
– Based on how the previous Weekly candle closed forming Resistance around 2007.800 and leaving a Rejection Wick around 2048.700, there is a higher probability for price to retest the recent Weekly Support formed on 3rd April 2023.
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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.