In this much shorter timeframe, I have highlighted levels at which price is likely to define significant resistance. This is a conditional set of targets that depend on price first passing through the 957 threshold, and finally pierce through and close above 971 level.
Cheers,
David Alcindor | 4xQuad.com
Comments
UnknownUnicorn59736
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Nice call on the support at $915.
4xForecaster
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Thank you, @emanance - David
UnknownUnicorn59736
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Thanks David:)
UnknownUnicorn59736
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Sorry if this is a bit of a noob question 4xForecaster, but what is a signal release? By the way I appreciate your charts:)
4xForecaster
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Hi, @ emanance! - Thank you for your query. A "Signal Release" mark in the price field refers to the candle timeframe during which I posted a target or price level expected to be reached - David
wade8977
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and what about the other way?
4xForecaster
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@wade8977 - 915 makes for a solid support. If it fails, 899.00 would offer a second floor.