– Previous Daily candle closed weak Bearish at 165.930 forming new Daily Resistance at 166.120 leaving a Rejection wick at 166.840. – Buys on close above 166.320 targeting 4h Resistance at 166.730, Leaving Runners to the 1h Resistance formed on 16th December 2022 at 167.100. – Sells on close below 165.830 targeting 4h Support formed at 165.540, Leaving Runners to...
– Previous Weekly candle closed Doji Bullish at 164.400 leaving a Rejection wick to the upside, Friday Daily candle also closed Bullish respecting Daily Support formed on Thursday at 163.480. – Buys on close above 164.250 targeting Daily Resistance formed on 5th April 2023 at 164.580, Leaving Runners to the 30min Resistance at 164.990. – Sells on close below...
SIMP in the weekly timeframe looks like there are two patterns there. The first pattern is like a symmetrical triangle where the price has broken out of the triangle and will continue its rise. The second pattern is the bearish crab. The bearish crab is a harmonic pattern where the last rising phase can cross the previous 'previous high'. You can 'search' for...