EURCAD Update: Profit=14520 SL=3200 Reward/Risk > 4.5:1 Trade Setup summary:
Profit targets=14520 pip (620 + 1480 + 2420 + 3350 + 6650)
Stop Loss =3200 pip
Reward/Risk > 4.5: 1
Current Status:
Total Profit: 3740 pip
Closed trade(s): 1260 pip Profit
Open trade(s): 2480 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 1.5784 based on 'previous Forecast' at 2020.08.06 :
Closed Profit:
TP1 @ 1.5658 touched at 2020.08.10 with 1260 pip Profit.
Open Profit:
Profit for one trade is 1.56580(current price) - 1.5720(open price) = 620 pip
4 trade(s) still open, therefore total profit for open trade(s) is 620 x 4 = 2480 pip
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 29 .
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5720) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 1.5658
TP2= @ 1.5572
TP3= @ 1.5478
TP4= @ 1.5385
TP5= @ 1.5055
SL= Break above 1.5784
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Euro
Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.178). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.1690
TP3= @ 1.1625
SL: Break Above R2
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Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (1.1819). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.1750
TP2= @ 1.1708
TP3= @ 1.1626
TP4= @ 1.1562
TP5= @ 1.1463
SL= Break Above R2
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Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (125.1). 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.
. The RSI is at 63.
Take Profits:
TP1= @ 125.50
TP2= @ 125.80
TP3= @ 126.00
SL= Break below S2
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Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (124.4). 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.
. The RSI is at 52.
Take Profits:
TP1= @ 124.80
TP2= @ 125.15
TP3= @ 125.55
SL= Break below S2
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Don't miss the great sell opportunity in EURCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.5784). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 1.5658
TP2= @ 1.5572
TP3= @ 1.5478
TP4= @ 1.5385
TP5= @ 1.5055
SL: Break Above R2
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Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1785). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.1741
TP2= @ 1.1699
TP3= @ 1.1602
TP4= @ 1.1506
TP5= @ 1.1420
SL: Break Above R2
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Don't miss the great sell opportunity in EURGBPTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 0.905
TP2= @ 0.903
TP3= @ 0.900
TP4= @ 0.894
TP5= @ 0.887
SL: Break Above R2
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Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF 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.
. The RSI is at 68.
Take Profits:
TP1= @ 1.0835
TP2= @ 1.0915
TP3= @ 1.0960
TP4= @ 1.1025
TP5= @ 1.1155
SL= Break below S3
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DAILY ANALYSIS OF LOGEMENT DEVEL FINHi friends
the daily graph of this market shows that it will experience a BALLOWING trend in the coming days but you have to be vigilant at the same time because there may be a change in the opposite direction
please subscribe to receive more analyzes
DAILY ANALYSIS OF OBLIGATIONS D4ETAT AMERICAN 5 ANS Hi friends
the daily graph of this market shows that it will experience a BALLOWING trend in the coming days but you have to be vigilant at the same time because there may be a change in the opposite direction
please subscribe to receive more analyzes
Don't miss the great sell opportunity in EURGBPTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9095). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.9030
TP2= @ 0.9006
TP3= @ 0.8970
TP4= @ 0.8940
SL: Break Above R2
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Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support lines, Then traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURAUD 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.
. The RSI is at 56.
Take Profits:
TP1= @ 1.64200
TP2= @ 1.65800
TP3= @ 1.67700
TP4= @ 1.69000
TP5= @ 1.7300
SL= Break below S3
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Don't miss the great buy opportunity in EURNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURNZD 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.
. The RSI is at 64.
Take Profits:
TP1= @ 1.7550
TP2= @ 1.7650
TP3= @ 1.7960
TP4= @ 1.8265
TP5= @ 1.8605
SL= Break below S2
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Don't miss the great buy opportunity in EURJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (121.9). 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.
. The RSI is at 65.
Take Profits:
TP1= @ 122.55
TP2= @ 123.25
TP3= @ 124.40
SL= Break below S2
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Don't miss the great buy opportunity in EURCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5435). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCAD 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.
. The RSI is at 75.
Take Profits:
TP1= @ 1.5535
TP2= @ 1.5585
TP3= @ 1.5710
TP4= @ 1.5815
TP5= @ 1.5990
SL= Break below S2
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Don't miss the great sell opportunity in EURGBPTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.8975). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 0.8925
TP2= @ 0.8875
TP3= @ 0.8825
TP4= @ 0.8795
TP5= @ 0.8685
SL: Break Above R2
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Don't miss the great buy opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.129). 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.
. The RSI is at 65.
Take Profits:
TP1= @ 1.1350
TP2= @ 1.1425
TP3= @ 1.1495
TP4= @ 1.1565
TP5= @ 1.1620
SL= Break below S2
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Don't miss the great sell opportunity in EURGBPTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9055). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURGBP is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 0.9025
TP2= @ 0.8985
TP3= @ 0.8930
TP4= @ 0.6905
TP5= @ 0.8815
SL: Break Above R2
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There is possibility for the beginning of an up trend in EURUSDMidterm forecast:
. While the price is above the support 1.0990, beginning of Uptrend is expected.
. We make sure when the Resistance at 1.14950 breaks.
. If the suppor at 1.0990 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
. The ascending flag taking shape suggests we will soon see another leg higher.
. While the RSI uptrend #1 is not broken, bullish wave in price would continue.
. A peak is formed in daily chart at 1.1350 on 06/23/2020, so more losses to support(s) 1.1145 and minimum to Major Support (1.0990) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 53.
Supports and Resistances:
S1= 1.1145
S2= 1.0990
S3= 1.0880
S4= 1.0765
S5= 1.0635
R1= 1.1345
R2= 1.1495
R3= 1.1570
R4= 1.1725
R5= 1.1865
Don't miss the great buy opportunity in EURCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0626). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.
Take Profits:
TP1= @ 1.0705
TP2= @ 1.0727
TP3= @ 1.0768
TP4= @ 1.0816
TP5= @ 1.0915
SL= Break below S3
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H4 TA Update: Profit=1250 pip SL=350 pip Reward/Risk > 3.5 : 1Trade Setup summary:
Profit targets=1250 pip (85 + 135 + 240 + 350 + 440)
Stop Loss =350 pip
Reward/Risk > 3.5 : 1
Current Status:
Total Profit: 140 pip
Closed trade(s): 0 pip Profit
Open trade(s): 140 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 119.8 based on 'previous Forecast' at 2020.06.20 :
Open Profit:
Profit for one trade is 120.18 (current price) - 119.8 (open price) = 38 pip
5 trade(s) still open, therefore total profit for open trade(s) is 38 x 5 = 140 pip
Technical analysis:
.Price rejected from Uptrend (#1) and built a Hammer.
.A Head & Shoulder is taking shape; if price can break above Neckline, we expect to rich all of our targets.
. EURJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (119.8) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 120.65
TP2= @ 121.10
TP3= @ 121.10
TP4= @ 123.30
TP5= @ 124.44
SL= Break below S2
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