The weekly has been in consolidation since 6-Aug-18
There have been two attempts to break out only to return the following week and reestablish/strength the consolidation.
The Daily is the strongest chart and trend right now.
Daily:
Trend: Bull
Consolidation: No
Renko bullish bar on 7-Jun
HMA is showing calling for a Long
Price projections on the daily: 1.1375, 1.1502, 1.15723
Weekly:
Trend: Consolidation
1.18154(R) - 1.11071(S)
Renko: Bearish bar on 22-Apr
Price Projections on the weekly:
Bullish - 1.14768, 1.1482
Bearish - 1.1015
There have been two attempts to break out only to return the following week and reestablish/strength the consolidation.
The Daily is the strongest chart and trend right now.
Daily:
Trend: Bull
Consolidation: No
Renko bullish bar on 7-Jun
HMA is showing calling for a Long
Price projections on the daily: 1.1375, 1.1502, 1.15723
Weekly:
Trend: Consolidation
1.18154(R) - 1.11071(S)
Renko: Bearish bar on 22-Apr
Price Projections on the weekly:
Bullish - 1.14768, 1.1482
Bearish - 1.1015
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