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22 April 2016, 05:59
| Scenario | |
|---|---|
| Timeframe | Intraday |
| Recommendation | BUY |
| Entry Point | 1249.70 |
| Take Profit | 1259.00 |
| Stop Loss | 1245.00 |
| Key Levels | 1247.00, 1248.70, 1256.10, 1259.00 |
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 descending. The instrument is trading between Tenkan-sen and Kijun-sen
lines. The closest support level is Kijun-sen line (1248.70). The closest
resistance level is Tenkan-sen line (1256.10).
On the daily chart Tenkan-sen line has crossed Kijun-sen from below, the lines
are horizontal . Confirmative line Chikou Span is crossing the price chart from
below, current cloud is ascending. The instrument has been corrected to the
Tenkan-sen line. The closest support level is Tenkan-sen line (1247.00). One of
the previous maximums of Chikou Span line is expected to be a resistance level
(1259.00).
On the four-hour chart we can see a correction of the upward movement. On the daily chart the Bullish trend is still strong. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (1259.00) and Stop Loss at the lower border of the cloud (1245.00).
On the four-hour chart we can see a correction of the upward movement. On the daily chart the Bullish trend is still strong. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (1259.00) and Stop Loss at the lower border of the cloud (1245.00).
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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.
