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USD/CHF: Murrey analysis 18 March 2019, 13:48

USD/CHF: Murrey analysis 18 March 2019, 13:48 Scenario Timeframe Intraday Recommendation SELL Entry Point 1.0000 Tak...

Dec 6, 2018

Microsoft Corp.: wave analysis 06 December 2018, 08:28


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 108.58
Take Profit 120.00, 125.07
Stop Loss 99.13
Key Levels 87.10, 99.13, 120.00, 125.07
Alternative scenario
Recommendation SELL STOP
Entry Point 99.10
Take Profit 87.10
Stop Loss 103.10
Key Levels 87.10, 99.13, 120.00, 125.07
The price may grow.
On the 4-hour chart, a local correction formed as a fourth wave 4 of the higher level. Now the development of the fifth wave 5 has begun, within which the first wave of the lower level i of 5 has formed. If the assumption is correct, after the end of the local correction ii of 5, the price will grow to the levels of 120.00–125.07. In this scenario, critical stop loss level is 99.13.


Main scenario
Long positions will become relevant after the end of the correction, above the level of 99.13 with the targets at 120.00–125.07. Implementation period: 7 days and more.
Alternative scenario
The breakdown and the consolidation of the price below the level of 99.13 will let the price go down to the level of 87.10.

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