Wait for a close within 6337.1-6112.7

#ASK

Wait for a close within 6337.1-6112.7

Technical observation

On the daily chart above, #ASK broke above a resistance zone 6337.1-6112.7 with a big green candle before retracing to it. Currently it is rallying within the zone and I expect either a rejection of it within it or a possible breakout below the zone for possible bearish momentum towards 5855.5. In case of a rejection within 6337.1-6112.7, buy #ASK within it with your take profit at 6376.7 and stop loss around 6029.1 and should there be  a clear breach below the zone, wait for a correction to it confirming possible bearish momentum of #ASK  before you pick short positions towards 5855.5.Now wait for a close within 6337.1-6112.7.

Trade signal

Wait for a close within 6337.1-6112.7 to buy #ASK.

                                  #Megafone

Wait for a close within 6337.1-6112.7

Technical observation

#Megafone is pulling back to the resistance zone 587.3-583.7,I expect a rejection of it within the zone for possible downwards movement towards 544.6 and  a possible breakout below it too for  a further decline towards 495.1.Wait for a rejection within 587.3-583.7 then short #Megafone within it with your take profit at 544.6 and stop loss slightly above 587.3.In case of  a clear breakout above 587.3-583.7 with  a big green candle, wait for a correction to it confirming possible bullish momentum before you long #Megafone towards 648.9.

Trade signal

Sell Megafone within 587.3-583.7 with your take profit at 544.6 and stop loss slightly above 587.3.

                                         #WTI

Wait for a close within 6337.1-6112.7

Technical observation

On the chart above, #WTI is pulling back to the supportive zone 73.63-73.33, I expect a rejection of it within the zone for possible bullish momentum towards 76.53 and a possible breakout above it for a further rise. Wait for close within 73.63-73.33 and a rejection to pick long positions with your take profit at 76.53 and stop loss slightly below 73.33.Should there be a breakout below 73.63-73.33 with a big red candle, wait for a correction to it confirming possible downwards momentum before you pick short positions with your ideal target at 70.17,on your way downwards the key lines to look for include,70.10, 67.10 and 64.30.

Trade signal

Wait for close within 73.63-73.33 to buy #WTI.

Do you know against which currencies CFD is the most profitable?

Wait for a close within 6337.1-6112.7

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Imelda Maseno
Analyst of «FreshForex» company
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