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GBP/USD: general analysis 19 April 2019, 10:54

GBP/USD: general analysis 19 April 2019, 10:54 Scenario Timeframe Intraday Recommendation SELL Entry Point 1.2997 Ta...

Apr 15, 2019

Microsoft Corp.: wave analysis 15 April 2019, 09:58


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 120.93
Take Profit 125.00, 130.00
Stop Loss 119.57
Key Levels 102.02, 108.58, 115.15, 125.00, 130.00
Alternative scenario
Recommendation SELL STOP
Entry Point 115.10
Take Profit 108.58, 102.02
Stop Loss 117.25
Key Levels 102.02, 108.58, 115.15, 125.00, 130.00
The trend is upward.
On the 4-hour chart, the fifth wave 5 of (3) of the higher level develops. Now the third wave of the lower level iii of 5 is developing, within which the wave (v) of iii is forming. If the assumption is correct, the price will grow to the levels of 125.00–130.00. In this scenario, critical stop loss level is 115.15.


Main scenario
Long positions will become relevant during the correction, above the level of 115.15 with the targets at 125.00–130.00. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 115.15 will let the price go down to the levels of 108.58–102.02.

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