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21 April 2016, 09:12
| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | BUY |
| Entry Point | 1.1300 |
| Take Profit | 1.1600, 1.1750 |
| Stop Loss | 1.1200 |
| Key Levels | 1.1050, 1.1130, 1.1232, 1.1600, 1.1750 |
| Alternative Scenario | |
|---|---|
| Recommendation | SELL STOP |
| Entry Point | 1.1220 |
| Take Profit | 1.1130, 1.1050 |
| Stop Loss | 1.1320 |
| Key Levels | 1.1050, 1.1130, 1.1232, 1.1600, 1.1750 |
A correction has ended. A growth is expected.
Trading Tips
Buy the pair from corrections, above the level of 1.1232 with the target at 1.1600-1.1750.
Alternative Scenario
The breakdown and consolidation below the level of 1.1232 would allow the pair to fall to 1.1130-1.1050 within a correction of the higher level.
Assumingly, the third wave 3 of the higher level continues developing within
which an extension is probably forming. At present, the third wave of the lower
level iii of (iii) seems to have started developing within which a starting wave
and a correction to it have formed. If the assumption is correct, the pair
resumes its growth towards 1.1600-1.1750 in the short run. Critical for this
scenario is the level of 1.1232 after a breakdown of which the pair continues
falling towards 1.1130-1.1050.
Buy the pair from corrections, above the level of 1.1232 with the target at 1.1600-1.1750.
Alternative Scenario
The breakdown and consolidation below the level of 1.1232 would allow the pair to fall to 1.1130-1.1050 within a correction of the higher level.
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.
