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Daily price is on breakdown within the primary bullish market condition: the price broke symmetric triangle pattern to below for the possible bearish reversal, and Chinkou Span line crossed the price for the breakdown to be continuing. If D1 price breaks 1.7128 support level on close bar so the reversal of the price movement from the ranging bullish to the primary bearish market condition will be started. If D1 price breaks 1.7543 ...
Daily price is located inside Ichimoku cloud for the ranging market condition. The price is traded near and above Senkou Span line of Ichimoku indicator which is the virtual border between the primary bearish and the primary bullish trend on the chart within the following support/resistance levels: 0.7656 resistance level located above Ichimoku cloud on the border between the ranging bullish and the primary bullish trend, and0.7441 support level located below Ichimoku cloud ...
USD/JPY H4 timeframe The price is located near and above 200 SMA in the bullish area of the chart and below 100 SMA for the ranging market condition. The price is trying to break 100 SMA together with symmetric triangle pattern to above for the price to be reversed from the ranging bullish to the primary bullish trend. Alterbative, if the price breaks 101.73 support level to below so the reversal of the price movement from the ranging bullish to the primary bearish market condition ...
Daily price is on breakout to be crossed the border of Ichimoku cloud for the ranging market condition with the good bullish reversal possibility. if the price breaks 1.4906 resistance level to above on close daily bar so the bullish reversal will be started, otherwise - ranging market condition wiating for direction.
Daily price is on secondary rally within the primary bullish market condition: price broke one of Senkou Span line B of Ichimoku indicator to above for the ranging rally to be located inside Ichimoku cloud. The price is testing Senkou Span A line of Ichimoku indicator to above together with 1.3113 resistance level to be reversed to the bullish market condition.Chinkou Span line of Ichimoku indicator is breaking the price to above ...
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