13 April 2016, 07:14
| Timeframe | Intraday |
| Recommendation | BUY |
| Entry Point | 83.82 |
| Take Profit | 86.23 |
| Stop Loss | 82.89 |
| Key Levels | 81.20, 81.95, 82.89, 83.69, 86.23 |
Let's look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from
below, the red line is directed downwards, while the blue one remains
horizontal. Confirmative line Chikou Span is above the price chart, current
cloud is descending. The instrument is trading above Tenkan-sen and Kijun-sen
lines; the Bullish trend is still strong. The closest support level is the upper
border of the cloud (83.69). The closest resistance level is Tenkan-sen line
(84.41). 
On the daily chart Tenkan-sen line has crossed Kijun-sen from above, the red
line is directed downwards, while the blue one remains horizontal. Confirmative
line Chikou Span is above the price chart, current cloud has reversed from
descending to ascending. The instrument is trading above Tenkan-sen and
Kijun-sen lines; the Bullish trend is still strong. Merged Tenkan-sen and
Kijun-sen lines have become a strong support level (83.69). The closest
resistance level is the lower border of the cloud (84.81).
On the both charts the instrument is still rising. It is recommended to open long positions at current price with the target at the level of previous maximum of Chikou Span line (86.23) and Stop Loss at the upper border of the cloud (82.89).
On the both charts the instrument is still rising. It is recommended to open long positions at current price with the target at the level of previous maximum of Chikou Span line (86.23) and Stop Loss at the upper border of the cloud (82.89).
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The client must claim / request the Bonus by
contacting finance department
at finance@hiwafx.com
or via livechat.
Terms & Conditions
with
M Samer Al Reifae
Official HiWayFX Representative in Romania
samer@hiwayfx.com
+40 734 277 757
Official HiWayFX Representative in Romania
samer@hiwayfx.com
+40 734 277 757
- YOU ARE NEVER LEFT ALONE -
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.
No one knows tomorrow's price or circumstance.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader.
I do not accept responsibility for being incorrect in my speculations on market trend.
