As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.9. TP4: R2=123.15. Set the stoploss of these orders at breakout of S2=122.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
FORMING A HEAD AND SHOULDERS ON A BIG TIME FRAME
MAYBE IT IS FORMING A HEAD AND SHOULDER ON A BIGGER TIME FRAME I WILL UPDATE IT AFTER SOME TIME
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122.15. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.7. TP4: R2=122.9. Set the stoploss of these orders at breakout of S2=122. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
SELL CALL FROM EURJPY, SHORT EURJPY TRADES FACTORY
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=122. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.5. TP4: R2=122.65. Set the stoploss of these orders at breakout of S2=121.8. 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=121. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.75. TP4: R2=122.05. Set the stoploss of these orders at breakout of S2=120.75. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Selling at Market price for EJ and pullbacks into structure
EUR/JPY broke the critical resistance. MACD indicator also moves in the positive direction. Hence, the respective pair will be bullish in short term.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=121. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=121.5. TP4: R2=121.7. Set the stoploss of these orders at breakout of S2=120.75. 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=121.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=122.05. TP4: R2=122.25. Set the stoploss of these orders at breakout of S2=121.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...