H4 price broke 200 SMA to below for the breakdown of the price movement to the primary bearish reversal. The price is breaking 1.4498 support level to below for the 1.4390 bearish target.
Weekly price is on ranging condition located inside Ichimoku cloud within key narrow support/resistance levels waiting for the direction of the trend to be started. If W1 price breaks 1.4823 resistance level on close bar so the bullish reversal will be started. If W1 price breaks 1.4180 support level on close bar so the bearish trend will be resumed. If not so the price will be on bearish ranging within the levels.
Daily price is located below SMA with period 200 (200 SMA) for the primary bearish market condition with the ranging within the following support/resistance levels: 1.4826 resistance located near 200 SMA on the border between the primary bearish and the primary bullish trend on the chart, andFibo support level at 1.4379 located below 200 SMA on the primary bearish area. If the price breaks 1.4826 resistance on daily close ...
D1 price is located below 200-day SMA and 100-day SMA for the primary bearish market condition. The price is on ranging within the following key support/resistance levels: Fibo support level at 1.4189 located below 100 SMA/200 SMA in the bearish area of the chart, andFibo resistance level at 1.5026 located above 200 SMA in the beginning of the bullish area. RSI indicator is estimating the ranging bearish market condition in the near future. If the price ...
Weekly price is on primary bullish trend located above 100-period SMA and 200-period SMA for the secondary correction: the price was bounced from 1.4386 support level for the ranging within key bullish s/r levels. If the price breaks 1.4386 support level so the bearish reversal will be started with the secondary ranging. If the price breaks 1.6103 resistance level so the bullish trend will be continuing. If not so the price ...
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