AddToAny

AddToAny

Theme images by MichaelJay. Powered by Blogger.

USD/JPY: the epidemiological situation in Japan is rapidly deteriorating 28 July 2022, 11:47

  USD/JPY: the epidemiological situation in Japan is rapidly deteriorating 28 July 2022, 11:47 Scenario Timeframe Weekly Reco...

May 27, 2019

Microsoft Corp.: wave analysis 27 May 2019, 09:03

 


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 126.00
Take Profit 140.00, 145.00
Stop Loss 123.25
Key Levels 108.58, 115.52, 123.25, 140.00, 145.00
Alternative scenario
Recommendation SELL STOP
Entry Point 123.20
Take Profit 115.52, 108.58
Stop Loss 125.80
Key Levels 108.58, 115.52, 123.25, 140.00, 145.00
The price may grow.
On the 4-hour chart, the fifth wave 5 of (3) of the higher level develops. Now, the third wave of the lower level iii of 5 has formed, and the local correction iv of 5 has ended. If the assumption is correct, the price will grow within the wave v of 5 to the levels of 140.00–145.00. In this scenario, critical stop loss level is 123.25.


Main scenario
Long positions will become relevant during the correction, above the level of 123.25 with the targets at 140.00–145.00. Implementation period: 7 days and more.
Alternative scenario
The breakout and the consolidation of the price below the level of 123.25 will let the price go down to the levels of 115.52–108.58.

No comments:
Write comments


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