GBP/AUD: bearish ranging within narrow sa/r levels for direction. This pair was reversed to the primary bearish market condition by breaking Ichimoku cloud to below in the beginning of the january this year. For now, the price is on bearish ranging within narrow support/resistance levels waiting for the rally to be started or for the bearish trend to be resumed. if the daily price breaks 1.6267 resistance so we may see the secondary ...
D1 price is located near Senkou Span line on the ranging condition waiting for direction: if the price breaks 1.9871 resistance level to above on close daily bar so the bullish trend will be resumed;if the price breaks 1.9032 support level to below so the reversal of the price movement from the ranging bullish to the primary ebarish market condition will be started.
W1 price is located between 200 period SMA and 100 period SMA for the ranging market condition within the following key reversal support/resistance levels: 2.0418 resistance level located above 100 SMA/200 SMA area in the primary bullish area of the chart, and1.7926 support level located near 200 SMA on the border between the primary bearish and the primary bullish area. Trend: D1 - ranging bearishW1 ...
GBP/AUD: bearish ranging near bullish reversal waiting for breakout. Daily price for this pair is located near and below Ichimoku cloud and Senkou Span line which is the border of the cloud and the virtual border between the primary bearish and the primary bullish trend on the daily chart. Symmetric triangle pattern was formed by the price to be crossed for direction, and Chinkou Span line is in the crossing the price to above for the good possible breakout with the bullish reversal. There are 3 ...
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