Analysis of HOME DEPOT 29.08.2019The 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 222.60
• Take Profit Level: 226.60 (400 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 216.90
• Take Profit Level: 216.00 (90 pips)
USDJPY
A possible long position at the breakout of the level 106.30
GOLD
A possible long position at the breakout of the level 1550.00
USDCHF
A possible long position at the breakout of the level 0.9830
GBPUSD
A possible short position in the breakdown of the level 1.2155
