H1 : Last candle, on a closing basis triggered a doji pattern after
a failure attempt to breakout above the Tenkan-Sen (Conversion line).
Watch carefully ongoing price action and especially next closing H1 level.
Above Tenkan-Sen would mean ongoing short term reversal and below
would support the ongoing bearish price action in confirming recent price action
as a corrective move only in a ongoing bearish trend.
The key support level remains the 60'000 area !
M15 : A new very short term countertrend took place (higher lows !) but nevertheless
looks very fragile and as already said watch the clouds as a good trend indicator.
BULLISH above and BEARISH below !
a failure attempt to breakout above the Tenkan-Sen (Conversion line).
Watch carefully ongoing price action and especially next closing H1 level.
Above Tenkan-Sen would mean ongoing short term reversal and below
would support the ongoing bearish price action in confirming recent price action
as a corrective move only in a ongoing bearish trend.
The key support level remains the 60'000 area !
M15 : A new very short term countertrend took place (higher lows !) but nevertheless
looks very fragile and as already said watch the clouds as a good trend indicator.
BULLISH above and BEARISH below !
