Purple lines refer to daily supports
@ 9311 – {
I initially saw candles from 26/04/18- 10/05/18,
It appeared that the 9311 acted as resistance, may have been support for 2 candles in that period m but after a close on the 10/05/18 I believe it will act as support.
Earlier in the move 9311 on 03/92/18 the candles bodies closed below, there were wicks which closed above but it didn’t seem to important,
On the 14/02/2018 the body of the candle closed above , and then the next day a wick came close to testing the new found support
On 25/02/18 there was a wick testing the support then a violent reaction away, this is one the reasons I chose the support on this price
We then have some action around 09/03/18 but the wicks and bodies are around this area so maybe a better refined support could be found.
}
@ 6959 – {
The bodies of the candle on 05/02/18-06/02/18 hit this support , earlier on in November 03/11/18 this line seems to be tested as support for 4 candles ,
during late May 30/03/18 to early April 12/04/18 the candles are around this area with a few candles testing the line and the last candle’s body using it as support hasn’t yet retest }
@ 9311 – {
I initially saw candles from 26/04/18- 10/05/18,
It appeared that the 9311 acted as resistance, may have been support for 2 candles in that period m but after a close on the 10/05/18 I believe it will act as support.
Earlier in the move 9311 on 03/92/18 the candles bodies closed below, there were wicks which closed above but it didn’t seem to important,
On the 14/02/2018 the body of the candle closed above , and then the next day a wick came close to testing the new found support
On 25/02/18 there was a wick testing the support then a violent reaction away, this is one the reasons I chose the support on this price
We then have some action around 09/03/18 but the wicks and bodies are around this area so maybe a better refined support could be found.
}
@ 6959 – {
The bodies of the candle on 05/02/18-06/02/18 hit this support , earlier on in November 03/11/18 this line seems to be tested as support for 4 candles ,
during late May 30/03/18 to early April 12/04/18 the candles are around this area with a few candles testing the line and the last candle’s body using it as support hasn’t yet retest }