mql5

H4 price is on bearish market condition located near and below Ichimoku cloud: the price is moved along Senkou Span line (which is the virtual border between the primary bearish and the primary bullish trend on the chart) waiting for the direction for bearish or bullish trend to be started or continuing.

Resistance	Support
1.0925	1.0809
1.0975	1.0788

If H4 price will break 1.0809 support level on close H4 bar so the primary bearish will be continuing withiut secondary ranging condition.
If H4 price will break 1.0925 resistance level so the reversal of the price movement from the ranging bearish to the primary bullish will be started with 1.0975 target to re-enter.
If not so the price will be ranging within the levels.

• Recommendation for long: watch close H4 price to break 1.0925 for possible buy trade
• Recommendation to go short: watch H4 price to break 1.0809 support level for possible sell trade
• Trading Summary: ranging

SUMMARY : bearish

TREND : waiting for direction