mql5

H4 price is on primary bullish market condition with the ranging within the following support/resistance levels: 1.1337 resistance and 1.1162 support level.

• If the price will break 1.1337 resistance level so the primary bullish trend will be continuing.
• If close H4 price will break 1.1162 support so the local download as the secondary correction will be started.
• If not so the price will be ranging within the levels.

Resistance	Support
1.1337	1.1162
N/A	1.0903

• Recommendation to go short: watch the price to break 1.1162 support level for possible sell trade
• Recommendation to go long: watch the price to break 1.1337 resistance level for possible buy trade
• Trading Summary: ranging

SUMMARY : ranging

TREND : waiting for direction