Analysis on Amazon 14.06.2018
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 1714.00
• Take Profit Level: 1735.00 (2100 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1697.00
• Take Profit Level: 1690.00 (700 pips)
EURUSD
Possible long position at the breakout of the level 1.1840
USDJPY
Possible short position in the breakdown of the level 109.80
USDCHF
Possible short position in the breakdown of the level 0.9820
GBPUSD
Possible long position at the breakout of the level 1.3470
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