18 5 2016, 06:03
| Scenario | |
|---|---|
| Timeframe | Intraday |
| Recommendation | SELL |
| Entry Point | |
| Take Profit | 17.16 |
| Stop Loss | 17.25 |
| Key Levels | 16.95 |
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines
are horizontal . Confirmative line Chikou Span is crossing the price chart from
above, current cloud is ascending. The instrument is trading between Tenkan-sen
and Kijun-sen lines. The closest support level is Tenkan-sen line (17.13). The
closest resistance level is the upper border of the cloud (17.25).
On the daily chart Tenkan-sen line is above Kijun-sen, the blue line is directed
upwards, while the red one remains 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. Borders of the cloud serve as the
closest support (16.95) and resistance (17.25) levels
On the four-hour chart
the instrument is still falling. On the daily chart we can see a correction of
the downward movement. It is recommended to open short positions at current
price with the target at the level of previous minimum of Chikou Span line
(16.95) and Stop Loss at the lower border of the cloud (17.25).
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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.
