mql5

M5 price is located within SMA with period 100 (100 SMA) and SMA with the period 200 (200 SMA) waiting for the direction for the possible breakout or breakdown.

• If the price will break 86.18 resistance level so we may see the bullish trend to be started on this timeframe.
• If price will break 85.97 support so the price will be reversed to the primary bearish condition.
• If not so the price will be ranging within the levels.

Resistance	Support
86.09	85.97
86.18	N/A

• Recommendation to go short: watch the price to break 85.97 support level for possible sell trade
• Recommendation to go long: watch the price to break 86.18 resistance level for possible buy trade
• Trading Summary: ranging

SUMMARY : ranging

TREND : waiting for direction