– Previous Weekly candle closed weak Bearish around 205.020 forming Weekly Resistance at 206 level and leaving 220 Pip Rejection wick to the upside, Friday Daily candle closed Doji Bearish. I’ll be looking for potential Buys above 205.350 targeting 30min Resistance at 205.910 Leaving Runners to the 4h Rejection at 206.330. I’ll be looking for potential Sells below 204.570 targeting 4h Support around 204.060 Leaving Runners to the previous 4h Resistance formed on 28th June 2024 around 203.600. As Weekly candle closed Bearish leaving a Rejection wick to the upside there is a good probability for price to respect Resistance to form a pullback on the higher timeframe.
