Antony_NPBFX
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Visa Inc.: technical analysis 04.04.2022
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on Visa Inc. for a better understanding of the current market situation and more efficient trading.
The shares of Visa Inc., America's largest multinational payment services company, are trading at 225.00.
On the daily chart of the asset, a global Expanding formation pattern is developing, within which the fifth wave is forming, directed towards the resistance line around 256.00.
On the four-hour chart, the instrument has already broken the resistance line of the global downtrend at 213.00 and confidently consolidated above it. It indicates a high probability of continued growth of quotations if they break the local year's high, around 235.00. At the moment, indicator Alligator's EMA fluctuations range is expanding in the direction of growth, and the histogram of the AO oscillator is trading in the buying zone.
Trading tips
After growth and consolidation above the local resistance level of 230.00, the main scenario is relevant, which involves the formation of buy positions with the target at 256.00. Stop loss – 220.00. Implementation period: 7 days or more.
After the reversal, decline, and consolidation of the price below the support level of 219.00, an alternative scenario is relevant, which involves the formation of sell positions with the target at the pattern support line of 190.00. Stop loss – 230.00.
Use more opportunities of the NPBFX analytical portal: analytics
You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on Visa Inc. and trade efficiently with NPBFX.
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on Visa Inc. for a better understanding of the current market situation and more efficient trading.
The shares of Visa Inc., America's largest multinational payment services company, are trading at 225.00.
On the daily chart of the asset, a global Expanding formation pattern is developing, within which the fifth wave is forming, directed towards the resistance line around 256.00.
On the four-hour chart, the instrument has already broken the resistance line of the global downtrend at 213.00 and confidently consolidated above it. It indicates a high probability of continued growth of quotations if they break the local year's high, around 235.00. At the moment, indicator Alligator's EMA fluctuations range is expanding in the direction of growth, and the histogram of the AO oscillator is trading in the buying zone.
Trading tips
After growth and consolidation above the local resistance level of 230.00, the main scenario is relevant, which involves the formation of buy positions with the target at 256.00. Stop loss – 220.00. Implementation period: 7 days or more.
After the reversal, decline, and consolidation of the price below the support level of 219.00, an alternative scenario is relevant, which involves the formation of sell positions with the target at the pattern support line of 190.00. Stop loss – 230.00.
Use more opportunities of the NPBFX analytical portal: analytics
You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on Visa Inc. and trade efficiently with NPBFX.