Theme images by MichaelJay. Powered by Blogger.

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...

Aug 9, 2019

Boeing Co.: wave analysis 09 August 2019, 09:56


Scenario
Timeframe Weekly
Recommendation SELL
Entry Point 336.35
Take Profit 292.93, 253.61
Stop Loss 350.85
Key Levels 253.61, 292.93, 381.96, 417.00, 445.00
Alternative scenario
Recommendation BUY STOP
Entry Point 382.00
Take Profit 417.00, 445.00
Stop Loss 370.30
Key Levels 253.61, 292.93, 381.96, 417.00, 445.00
The price may fall.
On the daily chart, the third wave of the higher level 3 developed, and the formation of the downward correction as the wave 4 begins. Now, the wave (A) of 4 is developing, within which the fifth wave of the lower level 5 of (A) is forming. If the assumption is correct, the price will fall to the levels of 292.93–253.61. In this scenario, critical stop loss level is 381.96.


Main scenario
Short positions will become relevant during the correction, below the level of 381.96 with the targets at 292.93–253.61. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price above the level of 381.96 will let the price grow to the levels of 417.00–445.00.

No comments:
Write comments


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