H1 : Failure to upside breakout the clouds resistance area triggered an opposite move
towards the Mid Bollinger Band with the last H1 closing roughly at the level of MBB.
Ongoing H1 closing will be important as the bottom of the clouds support zone is currently
under attack, with slighly below still the Kijun-Sen as the last support before the former lows
at around 44845 (double bottom)
M 15: Moving from an uptrend channel to a sideways channel which has been broken out on the downside !
Currently traded in the middle of the clouds.
Upside or downside breakout of the clouds will give the tone for the ongoing price action
To the North, watch Mid Bollinger Band as the first level to break ahead of the top of the clouds
To the South, H1 Kijun-Sen @ 48334 ,ahead of former support congestion @ 44845
towards the Mid Bollinger Band with the last H1 closing roughly at the level of MBB.
Ongoing H1 closing will be important as the bottom of the clouds support zone is currently
under attack, with slighly below still the Kijun-Sen as the last support before the former lows
at around 44845 (double bottom)
M 15: Moving from an uptrend channel to a sideways channel which has been broken out on the downside !
Currently traded in the middle of the clouds.
Upside or downside breakout of the clouds will give the tone for the ongoing price action
To the North, watch Mid Bollinger Band as the first level to break ahead of the top of the clouds
To the South, H1 Kijun-Sen @ 48334 ,ahead of former support congestion @ 44845
