As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.996. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9915. TP4: S2=0.99. Set the stoploss of these orders at breakout of R2=0.9975. 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=0.999. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.994. TP4: S2=0.9905. Set the stoploss of these orders at breakout of R2=1.001. 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=1.011. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.007. TP4: S2=1.0045. 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...
USDCHF on FX exchange is consolidating above Pivot with possible bounce back as earlier the same PIVOT level helped in bounce back. PLEASE CONSIDER ASKING YOUR FINANCIAL ADVISOR as its a RISK TRADE. Buy at 0.98294 with Stop-loss of 0.97880 and Target of 0.99170
hello trader this i presnaliy trade eur and usd paire and mostly I trade eurusd , gbpusd ,usd chf , usd jpy 4 curancy paire I use for trade now I buy eur usd gbp usd sell usd chf usf jpy is so old rules eur up so usd down this rules I follow all sclping trade use any moving avaregy for entry and exit use trandline for exit
When MPP (P) functions as a resistance line, consider long entry. First limit: WePP (P) 0.99610 Second limit: 1.00000 Third limit: 1.00400 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points...
MPP was updated in July. Unfortunately, however, it did not almost move about this symbol. As the weekly chart, it is a range market so it will be both short and long compactly for a while. Weekly chart << tactics >> 1) MPP (P) 0.98956 is function as a support line long. The first limit is under WePP (R1) 0.99799. The second limit is under 1.0000 but it...
as we can see that usdchf is on nice uptrand i miss the move from bottom but now i am looking new formed support area and a nice pullback move that coming down
New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is still possibility of temporary retracement to suggested support line (0.9815), if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the price is above the support 0.9815, continuation of...
New trading suggestion: *The price is in an Up Trend and we forecast the uptrend would continue. *There is still possibility of temporary retracement to suggested support line (0.9648) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.9648 is not broken, the Midterm wave will...
ABCD is an Up Trend, 'E' being the TVP of the trend. Candle 1 and 2 broke the TVP and gave rejection to go in the downside direction, hence the bias stays inline with existing trend bias (Upside). Entry (Long) comes at TVP level. First target is at level 'F' , Second target is in 1:4 RR. Stop is placed below Swing 'B'. As price moves stop can to dragged to...
usdchf Will be looking to go short on this pair and it seems that there is quite a lot of potential to the downside.
we will take long position once candle close above trendline and confirms h&S pattern as well strong breakout of trendline for target of 1.0355