W1 price is located above Ichimoku cloud in the bullish area of the chart. The price is on ranging within the following key support/resistance levels: 1375.11 resistance level located far above Ichimoku cloud in the bullish area of the chart, and1302.36 support level located above Ichimoku cloud in the beginning of the secondary correction to be started on weekly chart. Descending triangle pattern was formed by the price to be crossed to below for the correction to ...
Daily price is located above 100 SMA/200 SMA reversal zone on the bullish area of the chart within the following support/resistance levels: 1375.11 resistance located far above 200 SMA in the bullish area of the chart, and1305.46 support level located in the beginning fo the secondary correction. If the price will break 1375.11 resistance level so the primary bullish trend will be continuing. If the price will break 1305.46 support level so the local downtrend ...
Weekly price is on primary bearish market condition with the ranging within 100 period SMA and 200 period SMA area: Bear market rally was started in the beginning of the January this year - price broke 100 period SMA together with key resistance levels.Fibo resistance level at 1279.71 was tested the rice to above for the market rally to be continuing.Ascending triangle pattern was formed the price to be broken to above for the local uptrend as the bear market rally. ...
W1 price is on primary bullish with breakout on open weekly bar for now: price is breaking Senkou Span line (which is the virtual border between the primary ebarish and the primary bullish area of the chart) to be inside Ichimoku cloud for the secondary ranging within the primary bullish market condition. Chinkou Span line broke the price to above on close weekly bar for the breakout to be continuing, and Absolute Strength indicator is estimating the bullish trend to be started in the near future ...
Daily price broke Ichimoku cloud for the reversal from the primary bearish to the primary bullish market condition: price was stopped near the upper border of the cloud - Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart. Absolute Strength indicator is estimating the ranging market condition, and Trend Strength indicator is evaluating the trend as the bullish condition to be in near future for example. If D1 price ...
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