Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.2200). 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....
W1 cycle, Current prices hit previous lows, The bottom support is very strong in this position, Future prices are likely to test the downtrend line again. Feel free to contact me if you have any questions! TP1 1.2300 TP2 1.2500 TP3 1.2650 SL 1.1850 Follow me! Show U The Money ! ------------------------- 2019.09.03 in
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.214. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.223. TP4: R2=1.227. Set the stoploss of these orders at breakout of S2=1.211. 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=1.2035. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2135. TP4: R2=1.217. Set the stoploss of these orders at breakout of S2=1.196. 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=128.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=127.5. TP4: S2=126.85. Set the stoploss of these orders at breakout of R2=128.85. 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=129.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=130.05. TP4: R2=130.7. Set the stoploss of these orders at breakout of S2=129. 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=130.05. TP4: R2=130.7. Set the stoploss of these orders at breakout of S2=128.55. 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=129.35. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=130.4. TP4: R2=130.7. Set the stoploss of these orders at breakout of S2=129. 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 (1.6908). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPSGD 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 (1.19815). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF is in a down trend 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=1.2195. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.227. TP4: R2=1.23. Set the stoploss of these orders at breakout of S2=1.2175. 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 (1.2195). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a down trend 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=128.9. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=129.65. TP4: R2=130.05. Set the stoploss of these orders at breakout of S2=128.65. 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=128.65. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=129.55. TP4: R2=130.05. Set the stoploss of these orders at breakout of S2=128.35. 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=1.2105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.217. TP4: R2=1.219. Set the stoploss of these orders at breakout of S2=1.2085. 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=127.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=128.9. TP4: R2=129.25. Set the stoploss of these orders at breakout of S2=127.45. 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=127.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=128.1. TP4: R2=128.55. Set the stoploss of these orders at breakout of S2=126.65. 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=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...