– Previous Weekly candle closed strong Bearish at 1913.800 below Weekly Support formed on 3rd July 2023, Friday Daily candle closed weak Bullish forming weak Daily Support around 1912.400.
– Buys on close above 1919.200 targeting 4h Resistance at 1926.300, Leaving Runners to the next 4h Resistance formed at 1930.500.
– Sells on close below 1911.500 targeting 4h Support formed at 1906.300, Leaving Runners to the next 4h Support formed at 1901.300.
– Ideally is to allow the new Weekly candle to retrace and form top wick before breaking the previous Weekly Low.
– Buys on close above 1919.200 targeting 4h Resistance at 1926.300, Leaving Runners to the next 4h Resistance formed at 1930.500.
– Sells on close below 1911.500 targeting 4h Support formed at 1906.300, Leaving Runners to the next 4h Support formed at 1901.300.
– Ideally is to allow the new Weekly candle to retrace and form top wick before breaking the previous Weekly Low.
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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.