mql5

H4 price is located between SMA with period 100 (100 SMA) and SMA with the period 200 (200 SMA) in the primary bullish market condition with the secondary ranging: price is ranging above 200 SMA and near 100 SMA on the border between the ranging bullish and the primary bullish.

• If the price will break Fibo resistance level at 1.0992 to above so the bullish trend will be continuing without ranging.
• If price will break Fibo support level at 1.0826 to below 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 within the levels.

Resistance	Support
1.0936	1.0850
1.0992	1.0826

• Recommendation to go short: watch the price to break 1.0826 support level for possible sell trade
• Recommendation to go long: watch the price to break 1.0992 resistance level for possible buy trade
• Trading Summary: ranging

SUMMARY : ranging

TREND : ranging within reversal levels