– Buys on close above 163.690 targeting 1h Resistance at 163.890, Leaving Runners to the Daily Resistance formed at 164.160.
– Sells on close below 163.070 targeting 1h Support at 162.760, Leaving Runners to the next 1h Support at 162.290.
– As the previous Weekly candle closed weak Bullish with a Rejection wick to the Upside if the previous Weekly low gets broken there is a higher probability for price to retest the recent Weekly Resistance or even as far as the most recent Weekly Support as the new Monthly candle forms the bottom wick grabbing Liquidity before flipping Bullish respecting the current Bullish market Structure on the higher timeframe.