ANALYSIS OF JP MORGAN 20.11.2019
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 131.10
• Take Profit Level: 132.50 (140 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 130.00
• Take Profit Level: 129.50 (50 pips)
USDJPY
A possible short position in the breakdown of the level 108.30
GOLD
A possible long position at the breakout of the level 1479.00
USDCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible long position at the breakout of the level 1.2990
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The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 131.10
• Take Profit Level: 132.50 (140 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 130.00
• Take Profit Level: 129.50 (50 pips)
USDJPY
A possible short position in the breakdown of the level 108.30
GOLD
A possible long position at the breakout of the level 1479.00
USDCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible long position at the breakout of the level 1.2990
WHY TRADE WITH PAXFOREX?
We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on...
Top Effective Educational Tools For All Types Of Traders
The Reliability in all assets in the market
Live Multi-language Online Support 24/5
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