The above chart and below charts are some analysis on how past New York Session High and Lows have been acting as support and resistance.
In the above chart you can see that the New York Session seems to be putting in THREE consecutive higher sessions (shown as 1,2,3) then completes a recovery.
The below image is a prediction that if price does drop that it could find support at $37000-$37350
The below image is a predication that if we break the previous New York Highs we could see a move to $40300 before coming back to test support at $39100-$39300.
Then upwards to $42380-$42900
In the above chart you can see that the New York Session seems to be putting in THREE consecutive higher sessions (shown as 1,2,3) then completes a recovery.
The below image is a prediction that if price does drop that it could find support at $37000-$37350
The below image is a predication that if we break the previous New York Highs we could see a move to $40300 before coming back to test support at $39100-$39300.
Then upwards to $42380-$42900