Morning Traders,
We do have accumulation of the price. Strong resistance at 9500.0 and strong support at 9211.0.
This is the second time price try to break trough resistance of 9500.00. TL2 secure possible price drop.
TL3 was broken up by previous candle, but not with strong. momentum.
We have possible long position when Doji will be engulf (by highest price) by strong momentum candle, then we should have 2 -3 strong bullish candle.
Ok lets see what will happen.
Cheers,
Jim
We do have accumulation of the price. Strong resistance at 9500.0 and strong support at 9211.0.
This is the second time price try to break trough resistance of 9500.00. TL2 secure possible price drop.
TL3 was broken up by previous candle, but not with strong. momentum.
We have possible long position when Doji will be engulf (by highest price) by strong momentum candle, then we should have 2 -3 strong bullish candle.
Ok lets see what will happen.
Cheers,
Jim