Trade Setup summary: Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700) Stop Loss =81600 pip Reward/Risk > 4.6 : 1 Current Status: Total Profit: 70348 pip Closed trade(s): 24500 pip Profit Open trade(s): 45848 pip Profit Trade Setup: We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7075). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD 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. ....
Midterm forecast: . While the price is above the support 15.015, resumption of uptrend is expected. . We make sure when the resistance at 18.880 breaks. . If the support at 15.015 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: . The RSI downtrend #1 is broken, so the probability of resumption of uptrend is...
Midterm forecast: . 18.95 is a major support, while this level is not broken, the Midterm wave will be uptrend. . We will close our open trades, if the Midterm level 18.95 is broken. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would continue. . A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EDOUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support lines. if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD 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 resistance. ...
Midterm forecast: . While the price is below the resistance 1818.00, beginning of downtrend is expected. . We make sure when the support at 1660.25 breaks. . If the resistance at 1818.00 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . While the RSI uptrend #1 is not broken, bullish wave in price would...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OMGUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.1230). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETPUSD 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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.657). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (107.2). 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. ....
Everyone draws their support and resistence lines differently, this is my channel of support and resistence. As long as multiple buttoms and tops touch the channel, it's as good as anybody elses guess. What's important is to look at where this price is compared to the previous weeks candle. The fibonacci I drew is from the Low to High of last week. So these fibo...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.658). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDUSD 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...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9405). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF 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...
Midterm forecast: . While the price is above the support 16.50, resumption of uptrend is expected. . We make sure when the resistance at 18.95 breaks. . If the support at 16.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. . We will close our open trades, if the Midterm level 16.50 is broken. Technical analysis: . While the RSI...
Midterm forecast: . While the price is below the resistance 44.55, beginning of downtrend is expected. . We make sure when the support at 36.95 breaks. . If the resistance at 44.55 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 43.315 on 2020-06-08...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.353). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD 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 (9.59874). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NEOUSD 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...