PaxForex

Analysis of GOOGLE 29.10.2019

CBOE:VXGOG   CBOE EQUITY VIXON GOOGLE
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.

If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1300.00
• Take Profit Level: 1315.00 (1500 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1268.00
• Take Profit Level: 1260.00 (800 pips)



USDJPY
A possible long position at the breakout of the level 109.05

GOLD
A possible short position in the breakdown of the level 1489.00

USDCHF
A possible long position at the breakout of the level 0.9970

EURUSD
A possible short position in the breakdown of the level 1.1070

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