Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.6925). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Mid-Term Forecast: Midterm forecast: While the price is below the resistance 0.6790, beginning of downtrend is expected. We make sure when the support at 0.6585 breaks. If the resistance at 0.6790 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price...
Second Chance Trade Setup summary: Profit targets= 570 = {TP3= 110 + TP4= 185 + TP5= 275} pip Stop Loss = 114 pip Reward/Risk > 5 : 1 New Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line ( 123.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets." ...
The daily is turning down against the March highs at 111.68. The 4 hour is turning up against 104.15. While above 105.16 where the hourly is turning up the pair can see strength higher toward 107.50 to correct the cycle lower from the March highs. Long USDJPY @106.10-105.90 TP: 107.00 SL: 105.68 Good luck !
Short-Term Forecast: Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (1.3033). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day...
Midterm forecast: . While the price is above the support 1.3430, beginning of uptrend is expected. . We make sure when the resistance at 1.3754 breaks. . If the support at 1.3430 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.06467). 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7310). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested resistance line (69.55). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...
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 : ...
Trade Setup summary: Profit targets=14920 pip (750 + 1230 + 2690 + 3850 + 6400) Stop Loss =3000 pip Reward/Risk > 4.9: 1 Current Status: Total Profit: 3588 pip Closed trade(s): 1980 pip Profit Open trade(s): 1608 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.74050 based on 'previous Forecast' at 2020.08.05 : ...
Trade Setup summary: Profit targets=452310 pip (1380 + 2180 + 5100 + 7605 + 11845 + 19465 + 33355 + 55640 + 73725 + 91790+ 150225) Stop Loss =15356 pip Reward/Risk > 29.4 : 1 Current Status: Total Profit: 12579 pip Closed trade(s): 809 pip Profit Open trade(s): 11770 pip Profit Trade Setup: We opened 12 BUY trade(s) @...
Trading suggestion: . There is a possibility of temporary retracement to suggested resistance line (0.6671). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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...
Trade Setup summary: Profit targets=659 pip (45 + 72 + 137 + 191 + 214) Stop Loss =140 pip Reward/Risk > 4.7 : 1 Current Status: Total Profit: 309 pip Closed trade(s): 117 pip Profit Open trade(s): 192 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed Profit: TP1 @...
Trading suggestion: . There is a possibility of temporary retracement to suggested resistance line (0.6888). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF 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...
Midterm forecast: . 0.7030 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI support #1 at 51 is not broken, the probability of price decrease would be too low. . A peak is formed in daily chart at 0.7176 on 07/22/2020, so more losses minimum to Major Support (0.7030) is expected. . Price...