– Previous Weekly candle closed weak Bearish at 199.280 forming Weekly Resistance around 200.110, Friday Daily candle closed Bullish within recent Daily Consolidation Zone. I’ll be looking for potential Buys above 199.170 targeting 4h Resistance around 200.360 Leaving Runners to the Monthly High around 200.740. I’ll be looking for potential Sells below 198.670 targeting 1h previous Resistance around 198.100 and next Hourly Strong Support formed around 197.600. Since Weekly closed weak Bearish and Daily candles have ranged mostly from last week ideally is to wait for price to form a new range for the new Weekly candle and wait for a strong confirmation to prevent getting caught in the range.
