– Previous Daily candle closed Bearish at 1969.500 forming Daily Resistance at 1978.900 leaving a Rejection wick at 1987.700.
– Buys on close above 1972.000 targeting 1h Resistance at 1976.500, Leaving Runners to the next 1h Resistance formed at 1981.700.
– Sells on close below 1965.400 targeting Weekly previous Resistance formed on 12th June 2023 at 1960.700, Leaving Runners to the Daily Support formed on 18th July 2023 at 1954.800.
– Ideally is to wait for price to breakout of the Consolidation zone during High Volume Time to increase the probability of winning trades.
– Buys on close above 1972.000 targeting 1h Resistance at 1976.500, Leaving Runners to the next 1h Resistance formed at 1981.700.
– Sells on close below 1965.400 targeting Weekly previous Resistance formed on 12th June 2023 at 1960.700, Leaving Runners to the Daily Support formed on 18th July 2023 at 1954.800.
– Ideally is to wait for price to breakout of the Consolidation zone during High Volume Time to increase the probability of winning trades.
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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.
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.