PaxForex

Analysis on WALMART 2.09.2019

NYSE:WMT   Walmart Inc.
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 115.40
• Take Profit Level: 119.00 (360 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 113.10
• Take Profit Level: 112.00 (110 pips)



USDJPY
A possible long position at the breakout of the level 106.40

EURUSD
A possible short position in the breakdown of the level 1.0950

USDCHF
A possible long position at the breakout of the level 0.9920

GBPUSD
A possible short position in the breakdown of the level 1.2070

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