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EUR/USD: general review 14 June 2019, 11:05

EUR/USD: general review 14 June 2019, 11:05 Scenario Timeframe Intraday Recommendation SELL STOP Entry Point 1.1265 ...

Jan 11, 2019

Boeing Co.: wave analysis 11 January 2019, 08:37


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 352.47
Take Profit 394.50, 425.10
Stop Loss 312.40
Key Levels 250.10, 292.60, 394.50, 425.10
Alternative scenario
Recommendation SELL STOP
Entry Point 292.50
Take Profit 250.10
Stop Loss 306.65
Key Levels 250.10, 292.60, 394.50, 425.10
The price may grow.
On the 4-hour chart, a correction of the higher level formed as the fourth wave (4). Now, the development of the fifth wave (5) has begun, within which the entry first wave of the lower level i of 1 of (5) is forming. If the assumption is correct, the price will grow to the levels of 394.50–425.10. In this scenario, critical stop loss level is 292.60.


Main scenario
Long positions will become relevant during the correction, above the level of 292.60 with the targets at 394.50–425.10. Implementation period: 7 days and more.
Alternative scenario
The breakdown and the consolidation of the price below the level of 292.60 will let the price go down to the level of 250.10.

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