The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level.
The oscillator Force Index is above the zero level.
If the level of resistance is broken, you should follow recommendations below:
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 0,9840
- Take Profit Level: 1,0040 (200 pips)
- Stop Loss Level: 0.9780 (60 pips)
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 0.9780
- Take Profit Level: 0.9680 (100 pips)
- Stop Loss Level: 0.9810 (30 pips)
GOLD
Possible short position from level 1194
USDJPY
Possible long position at the breakout level 120.80
EURUSD
Possible short position at the breakdown level 1.0540
GBPUSD
According to the recommendations GBPUSD open long position