As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9825. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.9865. TP4: R2=0.9905. Set the stoploss of these orders at breakout of S2=0.9805. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
USDCHF making continuation setup so i will go with short with this pattern
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.974. TP4: S2=0.9695. Set the stoploss of these orders at breakout of R2=0.9815. Stop and reverse: If trend gets reversed, buy (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=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.005. TP4: S2=1.0035. Set the stoploss of these orders at breakout of R2=1.012. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0045. TP4: S2=1. Set the stoploss of these orders at breakout of R2=1.013. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0065. TP4: S2=1.0045. Set the stoploss of these orders at breakout of R2=1.0115. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
20190417 BUY USDCHF IN BUY AREA with STOPLOSS BELOW RED LINE 20190422 Major Resistance broken Buy in SUPPORT area Brown - SL 1.00850 TGT 1.01965
BOC decide During the upcoming trading week, central bank action takes center stage, with interest rate decisions from the Bank of Japan, Central Bank of Turkey and the Bank of Japan. The Bank of Canada rate decision is likely to capture the spotlight, as market participants wait to see if the BOC will follow other central banks across the globe and adopt a more...
USDCHF is approaching its resistance at 1.0122(61.8% & 100% Fibonacci extension, horizontal swing high resistance) where it is expected to reverse down to its support at 1.0022(50% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can...
USDCHF-Swing Short Trade for 50 pips gains
We are expecting USDCHF move to upside after a small fall.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9965. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9915. TP4: S2=0.9885. Set the stoploss of these orders at breakout of R2=0.999. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...