As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=128.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=129.3. TP4: R2=129.6. Set the stoploss of these orders at breakout of S2=127.75. 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=129. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=130.3. TP4: R2=130.95. Set the stoploss of these orders at breakout of S2=128.1. 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 (129.06). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY 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...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=131.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=132.85. TP4: R2=133.3. Set the stoploss of these orders at breakout of S2=131.5. 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=134.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=135.35. TP4: R2=135.85. Set the stoploss of these orders at breakout of S2=134.4. 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=133.9. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=134.95. TP4: R2=135.45. Set the stoploss of these orders at breakout of S2=133.7. 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=135.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136.3. TP4: R2=136.75. Set the stoploss of these orders at breakout of S2=135.15. 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=135.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136.3. TP4: R2=136.75. Set the stoploss of these orders at breakout of S2=135.15. 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=136.7. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.5. TP4: R2=137.8. Set the stoploss of these orders at breakout of S2=136.5. 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=136.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.1. TP4: R2=137.5. Set the stoploss of these orders at breakout of S2=136.05. 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=135.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=136.55. TP4: R2=136.9. Set the stoploss of these orders at breakout of S2=135.4. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=136.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=135.5. TP4: S2=135. Set the stoploss of these orders at breakout of R2=136.65. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.5. TP4: R2=137.8. Set the stoploss of these orders at breakout of S2=136.35. 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=136.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=137.85. TP4: R2=138.15. Set the stoploss of these orders at breakout of S2=136.55. 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=139.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=140.55. TP4: R2=141.15. Set the stoploss of these orders at breakout of S2=139.55. 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=140.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=141.2. TP4: R2=141.4. Set the stoploss of these orders at breakout of S2=140. 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=144.95. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.9. TP4: R2=146.35. Set the stoploss of these orders at breakout of S2=144.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
The Congestion Opportunities Strategy has just bought GBPJPY at 144.226. The system recommends entering this trade at any price between 143.942 and 144.51. The signal was issued because the 28-hour Relative Strength Index indicates that the GBPJPY may be oversold, while the Speculative Sentiment Index reading of 1.48 indicates that trader sentiment is not at...