The price is below the moving average 20 MA and MA 200, indicating the downward trend.
MACD is above the zero level.
The oscillator Force Index is below the zero level.
If the level of support is broken, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1245.00
• Take Profit Level: 1236.00 (1000 pips)
If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1253.00
•...
