mql5

H4 price is located near and abocve SMA with period 200 (200 SMA) for the primary bullish market condition with the secondary ranging within key support/resistance reversal levels.

• If the close H4 price will break 36.11 resistance level so the primary bullish trend will be continuing.
• If H4 close price will break 33.77 support so the reversal of the price movement from the primary bullish to the primary bearish trend will be started up to 31.94 target to re-enter.
• If not so the price will be ranging within the levels.

Resistance	Support
35.08	33.77
36.11	31.94

• Recommendation to go short: watch the price to break 33.77 support level for possible sell trade
• Recommendation to go long: watch the price to break 36.11 resistance level for possible buy trade
• Trading Summary: ranging on reversal

SUMMARY : ranging

TREND : bullish