Theme images by MichaelJay. Powered by Blogger.

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 ...

Apr 16, 2019

ATT Inc.: wave analysis 16 April 2019, 09:39


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 31.66
Take Profit 34.28, 39.33
Stop Loss 31.28
Key Levels 26.82, 28.87, 31.28, 34.28, 39.33
Alternative scenario
Recommendation SELL STOP
Entry Point 31.20
Take Profit 28.87, 26.82
Stop Loss 32.10
Key Levels 26.82, 28.87, 31.28, 34.28, 39.33
The price may grow.
On the 4-hour chart, a downward correction of the higher level developed as the wave (2), and the formation of the third wave (3) began. Now the first wave of the lower level i of 1 of (3) is developing, within which the wave (iii) of i is forming. If the assumption is correct, the price will grow to the levels of 34.28–39.33. In this scenario, critical stop loss level is 31.28.


Main scenario
Long positions will become relevant during the correction, above the level of 31.28 with the targets at 34.28–39.33. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 31.28 will let the price go down to the levels of 28.87–26.82.

No comments:
Write comments


If you are interested or have any questions - Contact us!