manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus

Close
Log in

Buy Ford Motor's shares around 11.97

Ford Motors' Weekly reviews

Wave Analysis:

After breaking above the daily support level 11.97, we saw a flat correction of the impulsive wave (1), when the impulsive wave (c), of the recent corrective three wave cycle failed to go below the daily support level 11.97. This is a flat correction scenario and as long as the price remains above 11.97, we expect this level to have marked the end of the impulsive wave (2), that the current bullish price momentum if the unfolding of the impulsive wave (3) to the upperside and may go above 12.45 during this week. The best place to buy these shares if when it gets to 11.97, with your stop loss below 11.86, and first take profit at 12.45. This view can only be invalidated in case the price clearly breaks below 11.97, if this is the case, then further decline towards 11.45 is epected.

Trade Recommendations:

Buy this share around 11.97 with your target at 12.45.

Bitcoin Weekly review

Wave Analysis:

Perfectly as previously forecasted, the impulsive wave (5) extended massively to the upperside and is still pretty much bullish,  both on the daily and the weekly charts. During this week, we expect a possible bullish price movements with an ideal atrget at 10,000.00. The previous week's candle is perfect bullish continuation candle and means we're still long. The anticipated bullish price rally is merely the continuation of the impulsive wave (5) and may break above 10,000.00.  This cryptocurrency has been in a constant up trend since inception and chances of rising higher are very high. It should be traded alongside other cryptocurrencies that has similar movements.

Trade Recommendations:

Remain long with your next target at 10,000.00.

DeutscheBK Weekly Review

Wave Analysis

During the past week, the shares of this bank dropped by almost 33pips and could continue to drop even further during this week. We expect this drop to be a mere corrective rally, and should not go beyond the short term daily support level 18.46 where we'll be looking to re-buy the impulsive wave (i)  with a target at 20.98. Conservative traders could wait for a correction towards 18.46, then pick a buy trade, or wait for a break above the weekly resistance zone 20.94-20.53, then buy the impulsive wave (iii) with a target at 25.93.  According to the weekly chart, its better to wait for a correction to the lowerside then buy this share with an ultimate target at 30.75.

Trade Recommendation:

Rebuy DeutscheBK around 18.46 with your first target at 20.98 and the next target at 25.93.

 

 

FreshForex cancels commissions!

Graham Osano
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .