Daily price is breaking the Ichimoku cloud with Senkou Span A together with support level at 73.09 to below for the bearish reversal to be started. Chinkou Span line already crossed the historical price to below and Stochastic oscillator is showing the downtrend to be started in the near future.
- If the price breaks 73.09 support to below so the primaru bearish reversal will be started with 70.83 target to re-enter.
- If the price crosses resistance level at 83.86 to above so the primary bullish trend will be resumed with 89.38 as a possible target.
- Alternatively, the price will be on secondary ranging to be near and inside Ichimoku cloud waiting for the direction of the strong trend to be started for example.
Trading Summary: waiting for direction
Profil MQL5
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