4H:
We’ve had an equal high and a higher low. I would anticipate a test towards 1840 and wait for a reaction around that level. Again, just like the Daily chart we’re in a smaller (symmetrical) Triangle formation.
We have below what is not a very clean Inverse Head and shoulders, price usually test the right shoulder at some point so this area is very important.
Within the range we’re taking Longs and Shorts, however, I want to see how the market moves on Monday and Tuesday before making a more informed decision on where we’re heading.
Support:
1835-37
1826-24
1816-1810
1775-1778
Resistance:
1850
1857
1872-76
1891-1895
We’ve had an equal high and a higher low. I would anticipate a test towards 1840 and wait for a reaction around that level. Again, just like the Daily chart we’re in a smaller (symmetrical) Triangle formation.
We have below what is not a very clean Inverse Head and shoulders, price usually test the right shoulder at some point so this area is very important.
Within the range we’re taking Longs and Shorts, however, I want to see how the market moves on Monday and Tuesday before making a more informed decision on where we’re heading.
Support:
1835-37
1826-24
1816-1810
1775-1778
Resistance:
1850
1857
1872-76
1891-1895
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🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
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.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
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.