DislikedThis is an update on the above post. The price today touched £1.60 and the question whether it will hold as a resistance or not. To know whether it will hold or not these are the signs to look for:
1st sign: H4 candle will open and close above £1.60
2nd sign: daily candle will open and close above £1.60
3rd sign: Weekly candle will close above £1.60 (not a weekly pin)
Final sign: the weekly candle will sit (open and close) on £1.60
I cannot post any chart now, because I don't have access to my platform until I return to my base.
I will continue...Ignored
Here are the updated charts for the above post.