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22 April 2016, 05:21
| Scenario | |
|---|---|
| Timeframe | Intraday |
| Recommendation | BUY LIMIT |
| Entry Point | 123.19 |
| Take Profit | 123.77 |
| Stop Loss | 123.33 |
| Key Levels | |
| Alternative Scenario | |
|---|---|
| Recommendation | SELL LIMIT |
| Entry Point | 123.77 |
| Take Profit | 123.33 |
| Stop Loss | 124.16 |
| Key Levels | |
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines
are horizontal . Confirmative line Chikou Span is above the price chart, current
cloud is ascending. The instrument is trading between Tenkan-sen and Kijun-sen
lines. The closest support level is Kijun-sen line (123.33). The closest
resistance level is Tenkan-sen line (124.16).
On the daily chart Tenkan-sen line is below Kijun-sen, the lines are horizontal
. Confirmative line Chikou Span is below the price chart, current cloud is
descending. The instrument is trading between Tenkan-sen and Kijun-sen lines.
The closest support level is Tenkan-sen line (123.33). The closest resistance
level is Tenkan-sen line (124.97).
On the four-hour chart the instrument is trading within the cloud. On the daily chart the Bearish trend is still strong. It is not recommended to open positions at current price. Pending orders should be placed at the cloud’s borders: sell at the level of 123.77, with Take Profit at 123.33 and Stop Loss at 124.16; buy at the level of 123.19, with Take Profit at 123.77 and Stop Loss at 123.33.
On the four-hour chart the instrument is trading within the cloud. On the daily chart the Bearish trend is still strong. It is not recommended to open positions at current price. Pending orders should be placed at the cloud’s borders: sell at the level of 123.77, with Take Profit at 123.33 and Stop Loss at 124.16; buy at the level of 123.19, with Take Profit at 123.77 and Stop Loss at 123.33.
The Bonus is not granted automatically.
The client must claim / request the Bonus by
contacting finance department
at finance@hiwafx.com
or via livechat.
Terms & Conditions
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.
