Sell at market price but if price pulls back to our (2) point then that will be the most ideal entry to then sell GN TP 1 is at 1.9875 TP 2 is at 1.98247 Move stop loss to break even after 20 pips in profit
The cycle in wave (W) ended at 2.0566 where the 4 hour is turning down. While below the 1.9839 highs where the hourly is turning down the pair can continue lower again to correct the cycle up from the 12/12/2018 lows.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (72.65). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
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...
Price trying to go through the 800 EMA as we can see in the chart, inside the descending channel
everyone looking to short the pound so buy orders racking up and Boris Johnson won the poll..fingers crossed
gbpnzd in a channel long from hare according to day candle next 3or 4 will green , than it will follow big trand
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8501). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD 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=0.6415. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.6455. TP4: R2=0.6465. Set the stoploss of these orders at breakout of S2=0.6405. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Stuck in range, at the top of the range, will fall to bottom of range Entry: 69.750 TP: 69.050 SL: 70.150 r/r: 1.75
nzdjpy bact at major resistence ...within a wedge patter. break or bounce
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.638. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.642. TP4: R2=0.644. Set the stoploss of these orders at breakout of S2=0.637. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: While the price is above the support 1.0660, resumption of uptrend is expected. We make sure when the resistance at 1.0850 breaks. If the support at 1.0660 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.0660 is broken. Technical analysis: A trough is formed in...