H4 : Mid Bollinger Band continue to perform very well as the leading indicator and worked once again perfectly well in rejecting a downside breakout attempt seen on the last H4 candle. As long as we stay and hold on H4 closing basis above MBB it is OK; however, a failure to do it would open a new trading range with its next support around the 58000 area (Kinjun-Sen or Base Line @ 58025 and also the middle level of the ongoing uptrend channel. 61.8 % Fib ret @ 57597 For scenarios, pls see my previous D1 analysis