Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.7125). 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 downtrend 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=142.5.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=143.2.
TP4: R2=143.45.
Set the stoploss of these orders at breakout of S2=142.3.
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=142.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=143.45.
TP4: R2=144.
Set the stoploss of these orders at breakout of S2=142.6.
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 (1.3100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD 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 (0.8478). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2613). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPCHF 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...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.296.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.2905.
TP4: S2=1.287.
Set the stoploss of these orders at breakout of R2=1.298.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.2955.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.2905.
TP4: S2=1.289.
Set the stoploss of these orders at breakout of R2=1.2975.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.3025.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.298.
TP4: S2=1.2955.
Set the stoploss of these orders at breakout of R2=1.3045.
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=1.3055.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.311.
TP4: R2=1.315.
Set the stoploss of these orders at breakout of S2=1.3035.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=143.75.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=142.85.
TP4: S2=142.35.
Set the stoploss of these orders at breakout of R2=143.95.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.6.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=143.45.
TP4: R2=144.35.
Set the stoploss of these orders at breakout of S2=142.3.
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=143.4.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=142.05.
TP4: S2=141.25.
Set the stoploss of these orders at breakout of R2=143.6.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
Price bounced back from that 200 ema and found some bottom @1.982XX creating some bullish divergence as we can see on the TDI.
If the price gets to break the 200 ema instead of bounce again, we can expect te price to keep moving up
800ema is a good point to go BE
ADR maxed out and the TL are good exit points
Remember this advice will be useful for you if you are a...
Divergence on the bottom on the 15min
OS on the 1hr
Remember: Divergence = Change, after we mark up a DV does not mean a reversal, some times is just a little change of the trend
