Analysis of AMERICAN EXPRESS 23.12.2019

Due to 2020 being our 10 year anniversary in the market we would like to present to You our TOP 3 best Promos from the last ten Years.



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

If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 126.10
• Take Profit Level: 128.60 (250 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 123.50
• Take Profit Level: 122.50 (100 pips)
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