price found support at daily 200ema 11958 and has since risen up last friday currently testing 12095.
I have a range from 12095 my main resistance and 11958 main support. I don't think it will fall beneath this main support continuously without a proper correction. I do see a divergence on daily, there has been divergence on 12h and 4h. So I do think it may run up a bit we'll have to see what it does when it reaches 12095. I'm going to wait for London open, I'm sure as hell Frankfurt won't take it up beyond 12095.
From today and onwards I'll attempt my entries on 10min charts.
All I know for today is price is sitting on a support, thus far it seemed to want to climb further up however like I said I have my main resistance at 12095, I don't how it will behave around that level. If it shoots up beyond that point and above 10min 200ema its a buy but we'll see how it plays up around that level and when London comes in.
I have a range from 12095 my main resistance and 11958 main support. I don't think it will fall beneath this main support continuously without a proper correction. I do see a divergence on daily, there has been divergence on 12h and 4h. So I do think it may run up a bit we'll have to see what it does when it reaches 12095. I'm going to wait for London open, I'm sure as hell Frankfurt won't take it up beyond 12095.
From today and onwards I'll attempt my entries on 10min charts.
All I know for today is price is sitting on a support, thus far it seemed to want to climb further up however like I said I have my main resistance at 12095, I don't how it will behave around that level. If it shoots up beyond that point and above 10min 200ema its a buy but we'll see how it plays up around that level and when London comes in.
Tape reading is an ART