[IMG] For a shorter term view, attached is a H4 chart, based on...

  1. mistyrains
    36,517 Posts.
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    26/07/14
    10:34
    Post #: 13718514


    For a shorter term view, attached is a H4 chart, based on New York Close.

    All the lines and Price are above the Cloud, hence it has a bullish sentiment. Bullish since July 2014. From the weekly chart, we know Price is below Cloud and is hitting the base of the Cloud, meeting resistance. Recent Price in H4 is ranging, green is starting to go flat, and red line has been flat for some H4 hours, viz. stalling.

    Just my thoughts.
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