mql5

Daily price is on bullish market condition to be moved along Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart:

• Chinkou Span line is located near and below the price indicating the possible breakout in the future,
• Symmetric triangle pattern was crossed by the price to above for the bullish trend to be continuing,

Nearest reversal s/r levels for the daily price are the following:

• 11429 resistance located far above Ichimoku cloud in the primary bullish area of the chart, and
• 10116 support level located near and below Ichimoku cloud in the beginning of the bearish area.

Resistance	Support
11429	10220
N/A	10116

If price will break 11429 resistance level so the primary bullish will be continuing
If the price will break 10116 support level so the reversal of the price movement from the primary bullish to the primary bearish market condition will be started.
If not so the price will be ranging between the levels.

• Recommendation for long: watch close price to break 11429 for possible buy trade
• Recommendation to go short: watch the price to break 10116 support level for possible sell trade
• Trading Summary: bullish breakout