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EUR/USD: general analysis 16 August 2019, 14:11

EUR/USD: general analysis 16 August 2019, 14:11 Scenario Timeframe Weekly Recommendation SELL Entry Point 1.1076 Tak...

Jun 14, 2019

Boeing Co.: wave analysis 14 June 2019, 09:35

Timeframe Weekly
Recommendation BUY
Entry Point 348.67
Take Profit 445.24, 500.00
Stop Loss 330.44
Key Levels 292.93, 330.44, 445.24, 500.00
Alternative scenario
Recommendation SELL STOP
Entry Point 330.40
Take Profit 292.93
Stop Loss 342.90
Key Levels 292.93, 330.44, 445.24, 500.00
The correction ended, the price may grow.
On the 4-hour chart, the fifth wave of the higher level (5) develops, within which the wave 1 of (5) formed, and the downward correction 2 of (5) developed. Now, the formation of the wave 3 of (5) has begun, within which the entry wave of the lower level (i) of i of 3 has formed. If the assumption is correct, the price will grow to the levels of 445.24–500.00. In this scenario, critical stop loss level is 330.44.

Main scenario
Long positions will become relevant during the correction, above the level of 330.44 with the targets at 445.24–500.00. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 330.44 will let the price go down to the level of 292.93.

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