Кино oнлайн Голосов: 1 Адрес блога: http://protelemag.ru/load/ Добавлен: 2011-09-28 02:02:58 блограйдером petol

Silver Clears 34.30. Take Profit Recommended At The Moment

2012-11-30 11:34:15 (читать в оригинале)

Technical Outlook and Chart Setups:

 

A daily chart view has been presented here for trade setup possibilities in the coming sessions. Please note the following facts which would help preparing for changes if any:
1. The entire rally from sub 26.00 level to 35.00 level is the larger swing and that it has possibly retraced at 0.5 Fibonacci support at 30.50.
2. 32.00 level remains the key support area and a break could take the prices to 29.50 level which is the 0.618 Fibonacci support of the larger upswing.
3. Prices at the moment are stalling at a 0.786 retracement of the latest downswing from 35.20 to 30.50.

 

Trading Recommendations:

 

1. Book partial/all profits from positions taken yesterday. Buy intraday dips. Stop is below 33.00. Target is open.
2. Sell aggressively on a break below 32.00. Target is at 29.50.

 

Good Luck!

The material has been provided by Instaforex Company - instaforex.com