First Hour Candle - Bullish at intraday support
Prices did not see a follow-up.
Price move below the support formed weak candle in the second hour but did not see a follow-up on the downside.
Since Price did not sustain the support level mentioned above, hence the First-hour candle high would most likely act as a resistance for the rest of the day and it did.
Now what for tomorrow: 27 Oct 2021
Above - 41350 - may move towards 41830
Below 40870 - may move towards 40300- 40200
The range for this week - 41830- 39500
Prices did not see a follow-up.
Price move below the support formed weak candle in the second hour but did not see a follow-up on the downside.
Since Price did not sustain the support level mentioned above, hence the First-hour candle high would most likely act as a resistance for the rest of the day and it did.
Now what for tomorrow: 27 Oct 2021
Above - 41350 - may move towards 41830
Below 40870 - may move towards 40300- 40200
The range for this week - 41830- 39500
