– Buys on close above 170.760 targeting 1h Resistance at 171.150, Leaving Runners to the next 1h Resistance at 171.580.
– Sells on close below 170.320 as price breaks below previous Daily candle low targeting 1h previous Resistance formed on 27th October 2022 at 169.880, Leaving Runners to the next 4h Support formed at 169.270.
– Monday Daily Resistance formed is perfect as price could potentially pullback to retest the broken strong Daily Resistance at 169.200 formed on 18th October 2022 to then follow the higher timeframe Bullish Trend, that would also allow the new Monthly candle to form the bottom wick before breaking the October High for a higher probability potential Buys. We could even possibly see price pulling back to 166 level to Grab Liquidity from the previous Strong Weekly / Daily Resistance Zone.