Weekly price is on ranging market condition located within 100 SMA/200 SMS ranging area waiting for direction. The price is testing Fibo support level at 1.8101 to below for the reversal of the price movement from the ranging bullish to the primary bearish market condition. Resistance Support ...
Daily price is on ranging bearish located near and below Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is trying to break symmetric triangle pattern to above together with Senkou Span line for the bullish reversal of the price movement. If the price breaks 2.1121 resistance level on close daily bar so the bullish reversal will be started. If the price ...
D1 price broke Senkou Span line to above for the reversal of the price movement from the primary bearish to the ranging bullish market condition: the price is located tobe inside Ichimoku cloud for the 1.9446 resistance level to be started for the bulliush trend to be continuing. Absolute Strength indicator is estimating the primary bullish trend, Trend Strength indicator is estimating the bullosh to be continuing in the future, and Chinkou ...
H4 price is located near 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 158.55 resistance level so we may see the bullish trend to be started on this timeframe.If price will break 153.37 support so the ranging bearish trend will be turned to the primary bearish with possible breakdown.If not so the price will be ranging within the levels. ...
Daily price is on primary bearish market condition for testing key support level at 1.2514 to below for the bearish trend to be continuing. Chinkou Span line and Absolute Strength indicator are estimating the ranging condition, and Trend Strength indicator is evaluating the trend as the bearish in the near future. If D1 price will break 1.2514 support level on close bar so the bearish trend will be continuing. If D1 price will break ...