As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.5. TP4: R2=120.7. Set the stoploss of these orders at breakout of S2=119.7. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.45. TP4: R2=120.65. Set the stoploss of these orders at breakout of S2=119.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Risk: -17 pips Gain: 5 pips Risk/Reward Ratio: +26,32 % Theoric Probability: > 70% Actual Probability: + 84,62 % Total Gain: + 676,10 pips
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.5. TP4: R2=120.65. Set the stoploss of these orders at breakout of S2=119.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (119.95). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a uptrend and the continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Risk: 17 pips. Gain: 2 pips Gain/Risk Ration: 11,76 % Theoric Probability: > 70% Actual Probability: + 84,31 % Total Gain: + 673,10 pips
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As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1095. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1135. TP4: R2=1.115. Set the stoploss of these orders at breakout of S2=1.1075. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=120.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.05. TP4: R2=121.45. Set the stoploss of these orders at breakout of S2=120.4. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Risk: 8 pips Gain: +3 pips Risk/Reward Ratio: 37,5% Theoric Probabiliy: > 70% Actual Probability: + 85,71 % Total Gain: + 691,10 pips
Trade with >70% probability: buy long @ 1,1095, stop-loss 1,1087
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.112. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1155. TP4: R2=1.1175. Set the stoploss of these orders at breakout of S2=1.1105. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.109. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.114. TP4: R2=1.116. Set the stoploss of these orders at breakout of S2=1.108. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1055. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.1105. TP4: R2=1.113. Set the stoploss of these orders at breakout of S2=1.104. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=120.65. TP4: R2=120.8. Set the stoploss of these orders at breakout of S2=119.6. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=119.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=119.8. TP4: R2=120. Set the stoploss of these orders at breakout of S2=118.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (119.03). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....