14 April 2016, 21:33
| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | SELL |
| Entry Point | 1.2858 |
| Take Profit | 1.2551 |
| Stop Loss | 1.2981 |
| Key Levels | 1.2551, 1.2759, 1.2981, 1.3030, 1.3074, 1.3380 |
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the blue
line is directed downwards, while the red one remains 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. Tenkan-sen and
Kijun-sen lines have become support (1.2820) and resistance (1.2885) levels
respectively 
On the daily chart Tenkan-sen line is below Kijun-sen, the lines are horizontal
. Confirmative line Chikou Span is above 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 (1.2759). The closest resistance level is
Kijun-sen line (1.2981).
On the both charts the instrument is still rising. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (1.2551) and Stop Loss at the level of Kijun-sen line (1.2981).
On the both charts the instrument is still rising. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (1.2551) and Stop Loss at the level of Kijun-sen line (1.2981).
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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.
