– Wednesday Daily candle closes weak Bearish at 200.180 forming weak Daily Resistance around 200.500 as price continues to range on the 4h timeframe. I’ll be looking for potential Buys above 200.720 targeting Daily High formed on 27th August 2008 around 201.130 and previous Weekly Low formed on 17th August 2008 around 201.680. I’ll be looking for potential Sells below 200.030 targeting Hourly Support formed around 199.630 Leaving Runners to the Daily Support formed around 199.200. Ideally is to wait for price to break and close out of the range during high volume time to increase the probability of winning.
