As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=134.65.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=135.35.
TP4: R2=135.85.
Set the stoploss of these orders at breakout of S2=134.4.
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=133.9.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=134.95.
TP4: R2=135.45.
Set the stoploss of these orders at breakout of S2=133.7.
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=135.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=136.55.
TP4: R2=136.9.
Set the stoploss of these orders at breakout of S2=135.4.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=136.45.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=135.5.
TP4: S2=135.
Set the stoploss of these orders at breakout of R2=136.65.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
Can you tell us why you think price will bounce at our green zone? post your answers below... winner will win a pink unicorn called Fred... I bet you all want to enter now ;p
We keep saying it but SIMPLE is BETTER in forex trading! we will drill it in to your heads sooner or later.
Anyway the winner of the competition will have to collect the unicorn from the...
Looking for a Long if we break to the upside of the consolidation zone. vice versa if we break to the downside I will be looking for further shorts possibly taking out the daily wick.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=139.8.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=140.55.
TP4: R2=141.15.
Set the stoploss of these orders at breakout of S2=139.55.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Quick GJ long set up. Entered long on the break and retest of the 1hr bearish trendline.
Aiming for a 5:1 RR trade with SL placed below the previous lows.
As we can see GBP JPY is in a really strong area of support that has been used many times before but with all the recent bearish pressure going into this level could we finally see it break?
Price was last below this level in Feb of this year and ever since breaking through this level price has been up and down touching multiple times, now with some medium impact...
GBPJPY has reached a daily/4hr support at the Fib 0.618 retracement level. We have multiple bullish wick rejection candles closed at this level and it is looking good for a new push to the upside.
Profit Target is at the Fib 27% extension and then previous highs at 148.500
Stop Loss I have placed below the wick rejection of the 0.618 fib level
Key strong support / resistance level is pointed out with our arrows ( if you follow us you will know this )
We are expecting price to retest this level ( its not far away ) and then bounce making a lovely bullish run possibly up to our next resistance level ( top green line )
Use this in line with your own analysis, so if you loose your house you cant sue us ;p
After 5 days of consolidation above the weekly resistance now support . also a fake breakout yesterday and MA's still in the biased direction in the weekly daily and 4 hour. i favour a long position for 118 pips.
REBOUND OF THE ASCENDING TREND LINE, FOLLOWING A FALL IN LAST WEEKS GBP PRICE, GBP IS LOOKING TO REACH THE WEEKLY RESISTANCE OF 146.000 FURTHER EXCEEDING THIS DEPENDING ON BREXIT TALKS.
