– Previous Weekly candle closed extremely Bullish at 2414.400 breaking above the highest Weekly Resistance ever formed. Friday Daily candle closed extremely Bullish breaking above recent Daily Resistance formed on Thursday. I’ll be looking for potential Buys above 2418.700 targeting Hourly Resistance formed on 12th April 2024 around 2426.800 Leaving Runners to tap the All Time Highs around 2432 level. I’ll be looking for potential Sells below 2408.000 targeting 4h previous Resistance formed on Friday 19th April 2024 around 2401.000 Leaving Runners to the 4h previous Resistance formed on 16th May 2024 around 2395.000. The current Monthly candle has been extremely Bullish almost filling the previous Monthly High which was a Rejection. Would be good to wait for price to retrace and form bottom wick before the continuation to the upside to increase the probability for price to be in your favour.
