Google stocks are preparing to conquer a new peak
Google shares are on a growing trend and this is an obvious fact. Quite recently, the price has reached a new all-time high and is moving towards it again. On the 4 hours chart, you can see that the price has drawn a technical analysis pattern called a triangle. This figure is to continue the trend, so we'll prepare for the opening of the long position.
We place a pending order to enter a position slightly above the historical maximum at 2765.00. We plan to take profit at 2770.00.
Order Type: Pending Order - Buy Stop
Entry Price at 2765.00
Take Profit at 2770.00
Pips Earning: 500
Forex trade strategy and trading signals for major currency pairs:
EURUSD sell at the price of 1.1775
USDJPY sell at the price of 109.30
GBPUSD buy at the price of 1.3870
USDCHF sell at the price of 0.9125
Trading recommendation result
The profit can be $500.00 if the trading volume of 100 USD (1 Lot).