– Previous Daily candle closed strong Bullish at 185.950 forming new Daily Support around 184.370. – Buys on close above 186.190 targeting 1h strong Resistance formed at 186.530, Leaving Runners to the Weekly Rejection formed around 186.760. – Sells on close below 185.560 targeting 1h Support at 185.210, Leaving Runners to the 1h previous Resistance formed at 184.680. – As the August Monthly candle coming to a close, it is extremely important to wait for a strong confirmation as price action can be messy and difficult to trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.