19 April 2016, 04:19
Scenario
| Timeframe | Intraday |
| Recommendation | BUY |
| Entry Point | 84.70 |
| Take Profit | 85.14 |
| Stop Loss | 83.72 |
| Key Levels | 83.72, 83.69, 85.14, 86.23 |
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both
lines are directed upwards. Confirmative line Chikou Span is above the price
chart, current cloud is ascending. The instrument is trading above Tenkan-sen
and Kijun-sen lines; the Bullish trend is still strong. The closest support
level is Kijun-sen line (83.72). One of the previous maximums of Chikou Span
line is expected to be a resistance level (85.14).
On the daily chart Tenkan-sen line is below Kijun-sen, the red line is directed
upwards, while the blue one remains horizontal. Confirmative line Chikou Span is
below the price chart, current cloud is ascending. The instrument is trading
above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The
closest support level is Kijun-sen line (83.69). One of the previous maximums of
Chikou Span line is expected to be a resistance level (86.23).
On the both
charts the instrument is still rising. It is recommended to open long positions
at current price with Take Profit at the level of previous maximum of Chikou
Span (85.14) line and Stop Loss at the level of Kijun-sen line (83.72).
The Bonus is not granted automatically.
The client must claim / request the Bonus by
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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.
