Theme images by MichaelJay. Powered by Blogger.

GBP/USD: general analysis 27 January 2020, 12:48

GBP/USD: general analysis 27 January 2020, 12:48 Scenario Timeframe Intraday Recommendation BUY STOP Entry Point 1.312...

Jan 14, 2020

Intel Corp.: wave analysis 14 January 2020, 08:48


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 59.56
Take Profit 62.50, 65.00
Stop Loss 56.97
Key Levels 52.87, 54.78, 56.97, 62.50, 65.00
Alternative scenario
Recommendation SELL STOP
Entry Point 56.90
Take Profit 54.78, 52.87
Stop Loss 57.60
Key Levels 52.87, 54.78, 56.97, 62.50, 65.00
The price may rise.
On the 4-hour chart, the development of the fifth wave of the higher level 5 of (3) continues. At the moment, an upward impulse continues to form as the third wave of the lower level iii of 5 of (3), in which wave (v) of iii is forming. If the assumption is correct, one may expect the growth of the price of the asset to 62.50–65.00. The level of 56.97 is critical and stop loss for this scenario.


Main scenario
Long positions are relevant from the corrections above level of 56.97 with targets at 62.50–65.00. Implementation time: 7 days and more.
Alternative scenario
Breaking through the level of 56.97 and consolidation of the price below it will allow the asset to continue falling to the levels of 54.78–52.87.

No comments:
Write comments


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