Technical analysis: . STRATIS/USDOLLAR 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. . The RSI is at 51. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2725. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.2815. TP4: R2=1.2845. Set the stoploss of these orders at breakout of S2=1.2695. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 5.0000 would begin in Midterm. We will close our open trades, if the Midterm level 5.0000 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. Price is below WEMA21, if price...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6535. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.658. TP4: R2=0.6605. Set the stoploss of these orders at breakout of S2=0.652. 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=112.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=112.55. TP4: R2=112.9. Set the stoploss of these orders at breakout of S2=112. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Midterm forecast: 0.7160 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low. A peak is formed in daily chart at 0.7160 on 10/17/2018, so more losses minimum to Buy Zone (0.7085 to 0.7020) is...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=112.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=112.8. TP4: R2=113.25. Set the stoploss of these orders at breakout of S2=112.1. 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=0.652. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.656. TP4: R2=0.6575. Set the stoploss of these orders at breakout of S2=0.6505. 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=0.6575. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.661. TP4: R2=0.664. Set the stoploss of these orders at breakout of S2=0.656. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
ENTRY DETAILS: PAIR: USDOLLAR ORDER: SELL ENTRY : 12338 STOP LOSS: 12357 TAKE PROFIT : 12312 R:R = 1.37