Let's analyze the image above for our best entry.
I have determined the following Support and Resistance Levels:
Resistance2 (R2): 54.19
Resistance1 (R1): 52.61
Support1 (S1): 50.87
Support2 (S2): 48.99
Okay, based on the image above, last week's price was only in a mild consolidation between R1 and S1 levels, so we should be wary of resuming this week's consolidation pattern before trying to shape the price direction out of this mild consolidation pattern.
But in my personal view, it looks like the price has a chance of falling back strongly after the light consolidation takes place and is able to reach the S2 level. Keep an eye on any price reaction before deciding.
Very interesting right?
In the movement in the image above, Buy and Sell opportunities are still as strong as possible. Percentage according to my technical analysis (Buy: 48%, Sell: 52%).
Well, in my view / prediction, based on the price movement we analyze above, we will try to look at the available entry opportunities. However, technically does not allow the assumption of play, then the best entry that can be done is, we will continue to see the movement of CLOSE PRICE on Candle 4 hours.


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