| Scenario | |
|---|---|
| Timeframe | Weekly |
| Recommendation | BUY |
| Entry Point | 0.6302 |
| Take Profit | 0.6402 |
| Stop Loss | 0.6274 |
| Key Levels | 0.6202, 0.6352, 0.6252, 0.6402 |
Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, both lines are directed downwards. Confirmative line Chikou Span is crossing the price chart from above, current cloud is ascending. The instrument has broken down Tenkan-sen and Kijun-sen lines. One of the previous minimums of Chikou Span line is expected to be a support level (0.6202). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.6352).
On the daily chart Tenkan-sen line has crossed Kijun-sen from below, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from below, current cloud has reversed from descending to ascending. The instrument has broken through the cloud and is still rising. One of the previous minimums of Chikou Span line is expected to be a support level (0.6252). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.6402).
On the four-hour chart we can see the beginning of the trend reversal. On the daily chart we can see the beginning of the trend reversal. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (0.6402) line and Stop Loss at the level of Kijun-sen line (0.6274).
Tuyên bố miễn trừ trách nhiệm: Quan điểm được trình bày hoàn toàn là của tác giả và không đại diện cho quan điểm chính thức của Followme. Followme không chịu trách nhiệm về tính chính xác, đầy đủ hoặc độ tin cậy của thông tin được cung cấp và không chịu trách nhiệm cho bất kỳ hành động nào được thực hiện dựa trên nội dung, trừ khi được nêu rõ bằng văn bản.
