– Tuesday Daily candle closed Bullish at around 2163 level as price fills the previous Daily High. I’ll be looking for potential Buys above 2364.000 targeting 4h previous Support formed on 15th May 2024 around 2372.500 and next 4h previous Support formed on 22nd May 2024 around 2378.500. I’ll be looking for potential Sells below 2353.000 targeting 1h previous Resistance formed around 2346.000, Leaving Runners to the 4h previous Resistance formed around 2340.300. Despite the Daily candle formed on Tuesday been Bullish the probability for Wednesday candle forming Daily Resistance is high we just need to wait for a good confirmation based on hourly timeframe or even much better in the 4h timeframe, This idea might seem aggressive and countertrend but when you look at the Monthly and Weekly you can see the setup for the anticipation for the early sells.
