mql5

H4 price is on breakdown for trying to cross 1.1210 support level from above to below on close H4 bar for the bearish breakdown to be continuing.

• Chinkou Span line is located to be below the price indicating the bearish breakdown.
• Absolute Strength indicator is estimating the bearish market condition to be continuing in the near future.

Resistance	Support
1.1316	1.1210
1.1428	N/A

If H4 price will break 1.1210 support level on close H4 bar so the primary bearish with secondary breakdown will be continuing.
If H4 price will break 1.1316 resistance level so we may see the reversal to the primary bullish condition with secondary ranging.
If not so the price will be ranging within the levels.

• Recommendation for long: watch close H4 price to break 1.1316 for possible buy trade
• Recommendation to go short: watch H4 price to break 1.1210 support level for possible sell trade
• Trading Summary: ranging

SUMMARY : bearish

TREND : breakdown