– Buys on close above 162.650 as price breaks above the previous Daily High / Daily Resistance formed on (24.08.2022) targeting Weekly / 4h Resistance at 162.900 leaving Runners to Daily / 4h strong Resistance formed at 163.180.
– Sells on close below 162.160 as price breaks below 1h Support formed at London Close targeting 30min Support at 161.890 leaving Runners to the 4h Support at 161.690.
– For Buys to play out well ideally is to allow the price retrace and tap the 161.900 area to retest the broken Daily Resistance and form the current Daily bottom wick generating liquidity to then flip and fill the previous Daily High and continue with volume to meet the 2 targets as shown above.