Let's look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from below, current cloud has reversed from descending to ascending. The instrument has been corrected to the Tenkan-sen line. The closest support level is the lower border of the cloud (160.826). One of the previous maximums of Chikou Span line is expected to be a resistance level (163.219).

On the daily chart Tenkan-sen line has crossed Kijun-sen from below, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from below, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. Borders of the cloud serve as the closest support (160.029) and resistance (164.893) levels

On the four-hour chart the instrument is still rising. On the daily chart the instrument is trading within the cloud. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (165.840) line and Stop Loss at the level of Kijun-sen line (161.127).