The price is below the moving average of 20 MA and MA 200, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 16.15
• Take Profit Level: 15.15 (100 pips)
If the price rebound from the support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 17.00
• Take Profit Level: 17.50 (50 pips)
USDCHF
A possible short position in the breakdown of the level 0.9910
USDJPY
A possible long position at the breakout of the level 107.45
EURUSD
A possible long position at the breakout of the level 1.0990
GBPUSD
A possible short position in the breakdown of the level 1.2190
MACD is below the zero level.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 16.15
• Take Profit Level: 15.15 (100 pips)
If the price rebound from the support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 17.00
• Take Profit Level: 17.50 (50 pips)
USDCHF
A possible short position in the breakdown of the level 0.9910
USDJPY
A possible long position at the breakout of the level 107.45
EURUSD
A possible long position at the breakout of the level 1.0990
GBPUSD
A possible short position in the breakdown of the level 1.2190
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.