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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....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.1000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD 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....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (118.16). 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....
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=117.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=117.9. TP4: R2=118.3. Set the stoploss of these orders at breakout of S2=117.15. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Technicals: EURJPY in a downtrend since the beginning of 2019 The technicals are generally well defined here, with a large channel inside of which the downtrend has traded for the whole year of 2019. Switching to the 4-hour chart, we can see more details of the price action. There is a smaller bearish 14-day channel within the larger (more significant)...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.0935. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.098. TP4: R2=1.1005. Set the stoploss of these orders at breakout of S2=1.0915. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Risk: -24 pips Gain: +24 pips Gain/Risk Ratio: +100% Theoric Probability: > 70% Actual Probability: + 85,11 % Total Gain: + 667,10 pips
Trade with >70% probability: buy long @ 1,09 stop-loss 1,0876