– Thursday Daily candle closed Bearish at 198.970 forming Daily Resistance around 199.580 as price ranges on the 4h timeframe, I’ll be looking for potential Buys above 199.700 targeting 4h Resistance around 200.360 Leaving Runners to the Monthly High around 200.740. I’ll be looking for potential Sells below 198.820 targeting 4h previous Support formed on 21st May 2024 around 198.310 Leaving Runners to the Daily Support formed around 197.740. Huge rejection to the downside from the current Weekly candle rejecting the previous Weekly Resistance, Would be interesting to see if Friday Daily candle closed bearish meaning the current Weekly Low would become a potential Wick Fill for the following Week.
