Have a gentle Sunday, my dear family of bG ❤️
Yesterday, the price has been sideways accumulating within the narrowest range of this week: 102.6 - 103.6.
Therefore, today all M15, H1, H4 frames are neutral.
In times like this, just sit back and watch.
💥 Resistance: 103.5-103.7.
The price needs to clearly pass 103.7 to confirm recovery and move up to key levels: 104.2, then 105.8
💥 Support: 102.5-102.8
💥 The D1 frame remains strong.
💥 The price hovering between resistance
and support for a few days is quite normal. Everyone is getting anxious about entering/exiting orders is also the intention of the market. So just keep an eye on the levels above.
--->> All levels are calculated based on the closing price on the H1 frame.
--->> Still need to be cautious as MM may drain all the liquidity in the lower zone (breaking 102.5 and sweeping down to 101.5-100.7) before turning back up. Because many of you are holding orders, in uncertain moments where the short-term trend is not clearly confirmed, bG still needs to pay attention, so everyone can stay close and have timely action plans if it happens. Better safe than sorry!!!
💥 Note: I only write personal opinions for you to follow and gain more information and reference perspectives. This is not investment advice, and there is no group or link to copy from you!!!
The market this season is sensitive, all opinions are in the short term