As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.6. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.3. 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=147.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.95. 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=147.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.4. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.35. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
We can see from weekly that volatility became apparently small since 2017. weekly 140.000 - 155.000 Both of the upper and lower of the range are blank. Therefore, if you go outside one of the upper and lower ranges, it may be possible to expect volatility to recover. Since it is the most recent range, I will aim for both long entry and short entry as...
GBPYJPY Seems weak at current levels which coincides with a horizontal and falling trendline resistance.
From this our analysis, There is a Triangular elliot wave pattern drawn between 144.977 & 153.800. * If the current market price will reach the 4th elliot retracement price @ 150.573 means it will bearish until price @ 144.977. * If the current market price doesn't reach the 61% retracement, it may bearish within the triangular shape until price @ 147.00. There...
Entered long in GBP/JPY at 148.690 with long term targets of 149.670 and 151.245sh levels.
Entered long in GBP/JPY at 148.690 with long term targets of 149.670 and 151.245sh levels.
GBP JPY swings within these areas for the past recent inferences For ideal trades Buy at the bottom of the region and sel l at the top of the region
GBP JPY analysis indicates the last observations appeared to be sine WAVE like oscillation of the values in between the rectangular areas BEST TRADE for now is Buying at the bottom of the area and selling at the top of the region
Have opened a long position on GBP/JPY any ideas about it..