– Buys on a close above 1741.400 as price breaks above the 1h Resistance formed and held during the New York Stock Exchange and the London Close targeting 4h previous strong Support formed on (24.08.2022) at 1745.800 leaving Runners to 1h Resistance at 1751.400.
– Sells on close below 1735.700 as price breaks below previous 4h low targeting 1h previous Resistance formed at Pre New York Session Open from Yesterday (Monday) at 1729.000 leaving Runners to 4h Support at 1722.300.
– The current monthly candle remains Bearish as yesterday’s price tapped the 1720 area then rejected, the Same level that was tapped before in September 2021 then price rejected, It will be interesting to see if the current Monthly candle closes strong Bearish or will it retrace and close above Monthly Support that was formed on October 2021 at 1756.800.