Support - S1 : 1.1179 | S2 : 1.1092 | S3 :
1.1033
Resistance - R1 : 1.1325 | R2 : 1.1383
| R3 : 1.1470
Main Trend -
Bearish
Intraday Trend -
Neutral
Considering all the details from
the charts of forex
technical analysis we can detect all critical levels and trading targets
for H1 and H4 timeframes:
4H Chart
The area 1.1221 – 1.1265 is a neutral zone.
Bullish scenario
: If price moves upwards and close above the neutral zone, then the
upward trading targets will be : 1.1345 , 1.1384 , 1.1430 , 1.1513 , 1.1580 ,
1.1674.
Bearish scenario : If price moves downwards and
close below the neutral zone, then the downward trading targets will be : 1.1150
, 1.1116 , 1.1090, 1.1065 , 1.1000 , 1.0960 , 1.0915 , 1.0880 , 1.0819.
1H Chart
The area 1.1244 – 1.1259 is a neutral zone.
Bullish scenario
: If price moves upwards and close above the neutral zone, then the
upward trading targets will be : 1.1295 , 1.1313 , 1.1340 , 1.1385 ,
1.1450.
Bearish scenario : If price moves downwards and
close below the neutral zone, then the downward trading targets will be : 1.1216
, 1.1186 , 1.1150 , 1.1130 , 1.1080 , 1.1050.
Using the above elements of
forex
technical analysis, everyone can plan his own personal forex
trading strategy . We note the need to use stop loss levels.
You can
subscribe to one of the two subscription packages and take advantage of all
benefits of the forex
signals using one of the most sophisticated Forex Signals Copier, also
from monitoring the live trading room, and of course from the full support in
real time.
No comments:
Post a Comment