Quotes Nickel completed the trading week at 10118. At the moment, there is a potential for the formation of a bullish Wolf model with a potential growth target above the area of 11820. For the model’s completion it is important to see the test of the lower boundary area of the model at 9000. In favor of growth, Indicator of relative strength.
Nickel Forecast for the week April 10 — 14, 2017
The cancellation of the variant of the growth of quotations of Nickel will be a strong fall and breakdown of the area of 8500, which will indicate the cancellation of the model and the continuation of the development of a downward trend. Expect to accelerate the growth of quotations Nickel stands with a breakdown of the downward resistance line on the indicator of relative strength.
Nickel Forecast for the week April 10 — 14, 2017 suggests a downward attempt to fall below the 9000 level as part of the completion of the formation of the upward Wolf wave model with a potential growth target above the area of 11820.
