We are in a downward trend. KUMO is facing down, SSA is facing down. SSB flat and will be for some time, as long as the new MINIMUM in the period 52 is not broken. Flat SSB can substantially impact the PRICE (attracting it to itself), which can further strengthen SUPPORT AREA A (the area between 1.05349 and 1.045283). CHIKOU SPAN is also approaching SUPPORT AREA...
STRONG CONSOLIDATION The flat KIJUN SEN, TENKAN SEN, SENKOU SPAN B (SSB) indicate that we are in consolidation in all periods (short, medium, and long). CLOUD flat confirms consolidation. PRICE fluctuates (oscillate) around the marked BALANCE AREA but currently has a downward trend tendency. Breaking the 116.269 or 113.593 will signal that a trend (up or...