Victorain

Victorain Updated 

RESISTANCE LEVEL/TAKE PROFIT: 1680 SUPPORT LEVEL/STOP LOSS: 1540 ENTRY LEVEL/LONG: 1566 SHORT TERM TREND: BULLISH STRATEGY: LONG AT CONFLUENCE LEVEL, BULLISH DIVERGENCE WITH RSI INDICATOR

Victorain Updated 

TECHNICAL ANALYSIS: FIBONACCI ANALYSIS: - LONG AT CONFLUENCE LEVEL 109.200 - TAKE PROFIT @111.500 (RESISTANCE LEVEL) - STOP LOSS <107.000 (SUPPORT LEVEL) TRENDLINE: - UPTREND RSI: - UPTREND - EXPECTED TO TOUCH RSI 70 LEVEL CCI: - HIGH MOMENTUM - EXPECTED TO TOUCH CCI 150-200 LEVEL FUNDAMENTAL ANALYSIS: - STRONGER GREENBACK DOLLAR VS EMERGING COUNTRIS CURRENCY

Victorain

SHORT : 2.9430 STOP LOSS : 2.9850 TAKE PROFIT: 2.8717 TECHNICAL ANALYSIS: - EMA SHOWS DOWNWARDS SLOPE OF THIS CURRENCY PAIR - RSI HAS 3RD TOUCH ON SHORT TERM UPTREND LINE WHICH SHOWS WEAKENING UPTREND. SHOULD THEY BE ANY BREAKOUT OF THIS LINE WILL CONFIRM A HEALTHY DOWNTREND FORMATION - SHORT AT UPPER LEVEL OF LINEAR REGRESSION CHANNEL OF CURRENCY PAIR - SHORT...

Victorain Updated 

FIBONACCI CONFLUENCE LEVEL TRADING STRATEGY

Victorain Updated 

TECHNICAL ANALYSIS: FIBONACCI CONFLUENCE LEVEL TRADING STRATEGY ENTRY LEVEL: 9100 TAKE PROFIT: 12850 STOP LOSS: 8500

Victorain Updated 

TECHNICAL ANALYSIS: 1) BEARISH DIVERGENCE FORMING BETWEEN UPTREND ON CPO PRICE & DOWNTREND ON RSI 2) REBOUNCE ON DOWNTREND LINE FUNDAMENTAL ANALYSIS: 1) SGS/AMSPEC 1-20TH EXPORT DATA SHOWS SLOWER DEMAND. 2) STRONGER SEASONAL PALM OIL OUTPUT. 3) DOWNTREND ON OVERNIGHT TRADES ON CBOT SOYOIL & RDB PALM OLEIN