Trading suggestion:
Price is in the resistance zone (134.40 to 136.65), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (134.40)
.Ending of entry zone (136.65)
Take Profits:
TP1= @133.25
TP2= @131.65
TP3= @129.65
TP4= @128.20
TP5= @126.80
TP6= @124.10
TP7= @122.30
TP8= @118.45
TP9= @114.85
TP10= @111.25
TP11= free
Technical analysis:
.A peak is formed in daily chart at 136.30 on Thu, 01/18/2018, so more losses to support(s) 134.40, 133.25, 131.65 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 50.
.Current short-term is range bound, but beginning of downtrend is expected.
Price is in the resistance zone (134.40 to 136.65), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (134.40)
.Ending of entry zone (136.65)
Take Profits:
TP1= @133.25
TP2= @131.65
TP3= @129.65
TP4= @128.20
TP5= @126.80
TP6= @124.10
TP7= @122.30
TP8= @118.45
TP9= @114.85
TP10= @111.25
TP11= free
Technical analysis:
.A peak is formed in daily chart at 136.30 on Thu, 01/18/2018, so more losses to support(s) 134.40, 133.25, 131.65 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 50.
.Current short-term is range bound, but beginning of downtrend is expected.
Note
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High Accurate forecasts by 4CastMachine AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.