– Buys on close above 162.010 on the break of the previous Daily High targeting 4h Strong Resistance at 162.370 leaving Runners to the 1h Resistance at 162.790.
– Sells on close below 161.320 on the break of the 1h strong Support targeting 1h Support at 161.000 leaving Runners to Daily Support at 160.680.
– The overall market price action for the week has been in a Downtrend consolidation holding Daily Resistance around 161.800 and respecting each 4h Resistance formed, in those scenarios the best thing to do is to protect your account from a heavy drawdown and to Manage Risk and only look for a trade with confirmation during Volume Hours.