mql5

Weekly price is on ranging condition located inside Ichimoku cloud within 0.9749 resistance level and 0.9323 support level. Absolute Strength indicator is estimating the bullish reversal to be started together with 0.9749 resistance level to be broken to above.



If W1 price breaks 0.9749 resistance level on close bar so the bullish reversal will be started.
If W1 price breaks 0.9323 support level on close bar so the bearish trend will be resumed.
If not so the price will be on ranging within the levels.