Hey traders,
Analyzing a price action on intraday time frames I see some signs of accumulation and local indecision.
The price is stuck between two structure clusters:
1865 - 1975 resistance
1832 - 1840 support.
Next week, wait for a breakout of one of these structures.
Bullish breakout of resistance (4H candle close above) may trigger a bullish continuation to 1900
while a bearish violation of support may lead to a bearish movement to 1810 level.
Wait for a breakout and then follow the market.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.