W1 price is on primary bearish breakdown: the price is testing 1,811 support level for the second time to be broken to below for the bearish breakdown to be continuing. Monthly price is on primary bullish market condition with the secondary correction to be started on this month on open monthly bar. Chinkou Span line is located near and above the price to be ready for good possible breakdown, and Absolute Strength indicator is estimating ...
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 ...
H4 price is located near SMA with period 200 (200 SMA) waiting for the direction for the primary bearish or bullish trend to be started. If the price will break 1.4667 resistance level so we may see the bullish trend to be started on this timeframe.If price will break 1.4451 support so the bearish trend with the secondary ranging will be started.If not so the price will be ranging within the levels. ...
W1 price is on primary bullish with breakout on open weekly bar for now: price is breaking Senkou Span line (which is the virtual border between the primary ebarish and the primary bullish area of the chart) to be inside Ichimoku cloud for the secondary ranging within the primary bullish market condition. Chinkou Span line broke the price to above on close weekly bar for the breakout to be continuing, and Absolute Strength indicator is estimating the bullish trend to be started in the near future ...
Daily price is on bear market rally, and weekly price is on bearish ranging to be started this week. Some most likely scenarios for the price movement are the following: the price will continuing with the bearish trend, orprice will go to the bullish reversal area to be reversed to the ranging bullish market condition. D1 price is on primary bearish with the local uptrend as the bear market rally: price is trying to break 1.4648 resistance level to above for the rally ...