View RSS Feed

mql5

  1. Quick Technical Overview - CAC 40 Index: ranging within 100/200 SMA for direction

    by , 04-17-2016 at 11:38 PM
    Daily price is located between 100-day SMA (100 SMA) and 200-day SMA (200 SMA) for the ranging condition waiting for the firection. The price is on ranging within key reversal support/resistance levels for the primary bearish trend to be continuing or to the bullish reversal to be started.

    Name:  cf-d1-alpari-limited.png
Views: 143
Size:  21.7 KB

    If D1 price will break 4,208 support level on close bar so the bearish trend will be continuing.
    If D1 price will break 4,578 resistance level ...