The price above MA 200 and 20 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 1.5300
• Take Profit Level: 1.5500 (200 pips)
• Stop Loss Level: 1.5250 (50 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.5240
• Take Profit Level: 1.5140 (10 pips)
• Stop Loss Level: 1.5270 (30 pips)
GOLD
Possible long position at the breakout of the level 1120
EURUSD
Possible long position at the breakout of the level 1.1155
USDCHF
Possible short position in the breakdown of the level 0.9790
GBPUSD
Possible short position in the breakdown of the level 1.5530
