– Buys on close above 168.150 targeting 1h Resistance at 168.530 leaving Runners to the 4h Resistance formed at 168.920.
– Sells on close below 167.600 targeting 4h Support at 167.220, Leaving Runners to the 1h previous Resistance formed on 18th November 2022 at 166.920.
– Since the Monday Daily candle closed Bullish with no wick at the top there is a possibility for the new Daily candle to wick up and reject the Monday Daily Highs then drop down to form Daily Resistance as price has been bullish since the Daily Support formed on Monday 14th November 2022 ( 6 Bullish Daily candle in a row ) and as we know the further price move from Support the higher the chance of Resistance get formed.