Analysis on Google 6.06.2018

Analysis on Google 6.06.2018

ALPHABET INC NASDAQ:GOOG


The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1145.00
• Take Profit Level: 1160.00 (1500 pips)

If the price rebound from resistance level , you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1130.00
• Take Profit Level: 1128.00 (200 pips)