– Monday Daily candle closed Bullish around 202.380 as price break above the previous Weekly High. I’ll be looking for potential Buys above 202.730 targeting previous Daily Support formed on 21st May 2008 around 203.300 Leaving Runners to the Daily Resistance formed on 24th August 2008 around 203.850. I’ll be looking for potential Sells below 201.850 targeting 4h previous Resistance formed around 201.360 Leaving Runners to the 4h Strong Support around 200.900. Price has been extremely Bullish overall on the higher timeframe but price action still choppy on the lower timeframe so it is very important to wait for good confirmation with volume to increase the probability of winning a trade.
