As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=131.6.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=132.85.
TP4: R2=133.3.
Set the stoploss of these orders at breakout of S2=131.5.
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=135.35.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=136.3.
TP4: R2=136.75.
Set the stoploss of these orders at breakout of S2=135.15.
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=136.7.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=137.5.
TP4: R2=137.8.
Set the stoploss of these orders at breakout of S2=136.5.
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=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...
FEEL FREE TO COMMENT IF ANY QUERY OR SUGGESTION.
In the chart, plotted value is for GBP/JPY which has stronger CONTROL PRICE, value HIGH and value Low . The " Control Price " has complete control 1 to 7 as seen in the chart.
1) The 3 excesses detected at Value High and after the (h) excess with price rotation sellers have complete control over the...
I'll be looking for Daily/4HR Reversal Patterns to form on 140.000 before going long. My previous short setups has hit our final target of 140.000 (+360 pips) So if reversal patterns do form you can look to hedge GJ or take your profits completely.
If you got on my last trade idea for GJ then well done, inbox me your number so we can arrange for you to take me out for that drink ;p
We can see price rallied through our support zone as we mentioned in our previous post, we can now see price having a pullback and making a bullish run up to this same zone again but this time using it as resistance and bouncing...
Looking at shorting GBP JPY back too 145.000 support. I expect the bullish momentum to continue after a short retest as we've hit a pretty strong moving average resistance
We are currently +250 pips in the GBP JPY
we are looking to buy in again in on pullback
this is a nice level to enter anticipate a bounce on higher trend line and target zone 148s PLUS
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.
The 4hr wedge was broken last week and the bottom trendline has now been retested. Although there is no real Fibonacci Retracement level here, there is a lot of structure to the left and I believe the overall bearish trend should continue.
Stop loss is above previous highs to be safe.
