The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.8890
• Take Profit Level: 0.9000 (110 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.8840
• Take Profit Level: 0.8800 (40 pips)
GOLD
Possible short position at the breakdown level 1243
EURUSD
Possible long position at the breakout of the level 1.1800
USDJPY
Possible long position at the breakout of the level 113.70
GBPUSD
Possible short position at the breakdown level 1.3350
The MACD is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.8890
• Take Profit Level: 0.9000 (110 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.8840
• Take Profit Level: 0.8800 (40 pips)
GOLD
Possible short position at the breakdown level 1243
EURUSD
Possible long position at the breakout of the level 1.1800
USDJPY
Possible long position at the breakout of the level 113.70
GBPUSD
Possible short position at the breakdown level 1.3350
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