As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=134.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=135.7.
TP4: R2=136.4.
Set the stoploss of these orders at breakout of S2=134.6.
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=134.5.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=136.
TP4: R2=136.6.
Set the stoploss of these orders at breakout of S2=134.
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=133.55.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=134.55.
TP4: R2=135.15.
Set the stoploss of these orders at breakout of S2=133.35.
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=132.45.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=133.85.
TP4: R2=134.4.
Set the stoploss of these orders at breakout of S2=132.15.
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=118.25.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=119.15.
TP4: R2=119.55.
Set the stoploss of these orders at breakout of S2=118.
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=118.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=118.7.
TP4: R2=119.15.
Set the stoploss of these orders at breakout of S2=117.8.
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 (106.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDJPY 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....
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...
FX:NZDJPY Reversal potential 67.710 with SL at 67.530 and three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
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=118.05.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=118.75.
TP4: R2=119.05.
Set the stoploss of these orders at breakout of S2=117.95.
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=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=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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (80.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. CADJPY 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...
![NZDJPY: NZDJPY Long Setup [4H]](https://s3.tradingview.com/s/sVfaRMjo_mid.png "NZDJPY Long Setup [4H]")
