MACD below the zero line. The oscillator Force Index is still below the zero line, although in a strong correction. If the level of support is broken, you should follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 1.4800 Take Profit Level: 1.4500 (300 pips) Stop Loss Level: 1.4900 (100 pips) If the price rebound from support level, you should follow recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 1.4910...
MACD below the zero line, but the average wants to exit the histogram The oscillator Force Index in the zero line. If the level of support is broken, you should follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 1.0485 Take Profit Level: 1.0258 (227 pips) Stop Loss Level: 1.0573 (88 pips) If the price rebound from support level, you should follow recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 1.0542...
The price is above the moving average МА 200 and 20 MA, indicating an upward trend. MACD above the zero line. The oscillator Force Index shows correction, but over the 0-th level. If the level of resistance is broken, you shall follow recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 1,0100 Take Profit Level: 1,0239 (139 pips) Stop Loss Level: 1,0062 (38 pips) If the price rebound from resistance level 1.0100, you shall follow recommendations below: Timeframe: H4...
The bulls leapt to the attack. The nearest resistance level 121.78 was broken. We’ve simply been witness to the classical currency pair triangle, breakout to the nearest resistance level 124.13 seems inevitable. The price is above the moving average 20 MA and 200 MA, which indicates an upward trend. MACD above the zero line. The oscillator Force Index crossed the zero line upwards. In case of breakthrough of the resistance level the following recommendations are: Timeframe: H4 Recommendation: Long Position Entry Level:...
Previously we had an open short position with entry point 1.5190. Now there is a good opportunity to add to positions in the breakdown of the level 1.5026. We move the Take profit of the first position by 30 points, also move the Stop loss of the first position to the level of 1.5130, thereby guaranteed fix profit of 60 points. This profit will be possible to compensate for possible second stop position. Conclusion: we or earn not much, or well earn. Average MACD below the zero line. The oscillator Force Index below the zero line,...