After taking a wait all day yesterday EUR / USD pair remained in the range of the maximum amplitude of price changes of about 50 percentage points Thus, there remains the situation, allowing the currency pair to resume progress since February 19, the downward movement in the direction of the first possible target located on the approach to a mark 1.3650. In this case we denote MACD_akatak same divergence indicates that the alleged 2nd wave or b, taking a rather complicated and a long form, has almost completed the process of its formation.
Trading recommendations: As part of the descending wave may start price reduced with the objectives located near settlement marks 1.3646 and 1.3588, which equates to 50.0% and 61.8% Fibonacci. As part of the ascending wave instrument can continue to increase with the objectives located near 1.3762 and 1.3836 marks, which corresponds to 100% and 11.4% Fibonacci. Unsuccessful attempt to break the 1.3762 mark and MACD Divergence encounters conclusion readiness tool to build a downward wave. Breakthrough mark 1.3762 bring upon conclusion readiness tool to continue increasing prices.
No comments:
Post a Comment