As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=108.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=108.7. TP4: R2=108.9. Set the stoploss of these orders at breakout of S2=107.8. 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...
W1 cycle, The price runs inside the contraction triangle, The weekly chart continues with three large red-candles, This week is likely to fall further. In the future you can keep trading inside the triangle, as shown in the chart. Sell Now & TP 108.50 -----------------------------------------DRonnie - 2019.05.13
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=110.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=110.05. TP4: S2=109.8. Set the stoploss of these orders at breakout of R2=110.65. 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=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=122.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=123.1. TP4: R2=123.6. Set the stoploss of these orders at breakout of S2=122.1. 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 (81.3). 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (107.87). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY 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 downtrend for this day, so Forecast City suggests sell (limit) below R1=111.7. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=111.35. TP4: S2=111.25. Set the stoploss of these orders at breakout of R2=111.8. 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=125.85. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=126.3. TP4: R2=126.5. Set the stoploss of these orders at breakout of S2=125.65. 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 (125.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURJPY 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 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (75.2). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDJPY 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. ....
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...
The Breakout Opportunities system has just sold GBPJPY at 143.849. The system recommends entering this trade at any price between 143.556 and 144.397. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.779, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=146.8. 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=146.2. 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=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.2. TP4: R2=144.15. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...