is breaking 1.3280 resistance level to above for the reversal of the
price movement from the bearish to the ranging bullish market condition
to be located inside Ichimoku cloud. Ascending triangle pattern was
formed by the price to be crossed to above, Absolute
Strength indicator and Trend Strength indicator are estimating the
bullish condition in the near future, and Chinkou Span line of Ichimoku
is indicating the good breakout of the price movement with the possible
If W1 price breaks 1.2763
support level on close bar so the primary bearish trend will be resumed.
If W1 price breaks 1.3280 resistance level on close bar from below to above so the reversal of the price movement to the primary bullish market condition will be started.
If not so the price will be on ranging within the levels.
|Resistance ||Support |
SUMMARY : rally