Written by: PaxForex analytics dept - Monday, 08 October 2018
The price above 200 MA, indicating a growing trend.
The MACD histogram 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 1.6360
• Take Profit Level: 1.6500 (140 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.6200
• Take Profit Level: 1.6140 (60 pips)
GOLD
Possible short position in the breakdown of the level 1192.00
EURUSD
Possible short position in the breakdown of the level 1.1460
USDCHF
Possible long position at the breakout of the level 0.9960
GBPUSD
Possible short position in the breakdown of the level 1.3000
The MACD histogram 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 1.6360
• Take Profit Level: 1.6500 (140 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.6200
• Take Profit Level: 1.6140 (60 pips)
GOLD
Possible short position in the breakdown of the level 1192.00
EURUSD
Possible short position in the breakdown of the level 1.1460
USDCHF
Possible long position at the breakout of the level 0.9960
GBPUSD
Possible short position in the breakdown of the level 1.3000
Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!
No comments:
Post a Comment