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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...

Mar 15, 2019

Boeing Co.: wave analysis 15 March 2019, 08:29


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 373.28
Take Profit 403.53, 413.33
Stop Loss 363.44
Key Levels 330.78, 350.00, 363.44, 403.53, 413.33
Alternative scenario
Recommendation SELL STOP
Entry Point 363.40
Take Profit 350.00, 330.78
Stop Loss 367.90
Key Levels 330.78, 350.00, 363.44, 403.53, 413.33
The price may grow
On the 4-hour chart, the fifth wave of the higher level (5) forms. Now the first wave of the lower level 1 of (5) has formed as a momentum, and a downward correction is developing as the wave 2 of (5), within which the wave a of 2 has formed. If the assumption is correct, the price will grow to the levels of 403.53–413.33 within the wave b of 2. In this scenario, critical stop loss level is 363.44.


Main scenario
Long positions will become relevant during the correction, above the level of 363.44 with the targets at 403.53–413.33. Implementation period: 5–7 days.
Alternative scenario
The breakout and the consolidation of the price below the level of 363.44 will let the price go down to the levels of 350.00–330.78.

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