On the daily chart Tenkan-sen line is below Kijun-sen, the lines are
horizontal . Confirmative line Chikou Span is below the price chart,
current cloud is descending. The instrument is trading below Tenkan-sen
and Kijun-sen lines; the Bearish trend is still strong. One of the
previous minimums of Chikou Span line is expected to be a support level
(112.52). The closest resistance level is Tenkan-sen line (114.17).
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen,
the red line is directed upwards, while the blue one remains horizontal.
Confirmative line Chikou Span is below the price chart, current cloud
is descending. The instrument is trading below Tenkan-sen and Kijun-sen
lines; the Bearish trend is still strong. One of the previous minimums
of Chikou Span line is expected to be a support level (113.00). The
closest resistance level is Kijun-sen line (133.91).
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen,
the red line is directed upwards, while the blue one remains horizontal.
Confirmative line Chikou Span is below the price chart, current cloud
is descending. The instrument is trading below Tenkan-sen and Kijun-sen
lines; the Bearish trend is still strong. One of the previous minimums
of Chikou Span line is expected to be a support level (113.00). The
closest resistance level is Kijun-sen line (133.91).
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