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25 April 2016, 02:23
| Scenario | |
|---|---|
| Timeframe | Intraday |
| Recommendation | SELL |
| Entry Point | 0.7780 |
| Take Profit | 0.7700 |
| Stop Loss | 0.7845 |
| Key Levels | 0.7665, 0.7790 |
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both
lines are directed downwards. Confirmative line Chikou Span is below the price
chart, current cloud is descending. The instrument is trading below Tenkan-sen
and Kijun-sen lines; the Bearish trend is still strong. One of the previous
minimums of Chikou Span line is expected to be a support level (0.7700). The
closest resistance level is Tenkan-sen line (0.7825).
On the daily chart Tenkan-sen line is crossing Kijun-sen from below, both lines
are directed downwards. Confirmative line Chikou Span is crossing the price
chart from above, current cloud is ascending. The instrument has entered the
cloud. The closest support level is the lower border of the cloud (0.7665). The
closest resistance level is Tenkan-sen line (0.7790).
On the both charts the instrument is still falling. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (0.7700) and Stop Loss at the level of Kijun-sen line (0.7845).
On the both charts the instrument is still falling. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (0.7700) and Stop Loss at the level of Kijun-sen line (0.7845).
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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.
