Technical levels: support – 1.2810; resistance – 1.2830, 1.2900.
Trade recommendations:
1. Buy — 1.2840; SL — 1.2820; TP1 — 1.2900; TP2 — 1.2980.
2. Sell — 1.2820; SL — 1.2840; TP1 — 1.2710; TP2 — 1.2630.
Reason: bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are on the support of Tenkan-sen and Kijun-sen.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
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