As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1325. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.136. TP4: R2=1.138. Set the stoploss of these orders at breakout of S2=1.1315. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Spotted this intraday trade to sell the TRX March Contract. As the TRXH19 is expiring on 29 March 2019, we try to avoid swing trades while waiting for the June Contract to be out. Sell the 0.5 retracement which coincide with our Supply Zone. Trade Plan: Entry 598 Stop Loss 610 Target 575 Reward-Risk almost 2:1 Do like, share and follow me for more analysis...
eurgbp scalp long . setup .. reference areas .. good luck ...
TODAY IN THE UK THE INFLATION DATA WILL BE RELEASED AND I SEE REASON TO BELIEVE IT HAS DECLINED. ALONG WITH THE BREXIT INFORMATION I EXPECT THE INFLATION NUMBER TO BE AT AN EXTREME LOW. IF THAT TO HOLD TRUE THEN WE WILL SEE THE UK PAIRS SUCH AS EURUSD AND GBPUSD SHOOT TO NEW HEIGHTS
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=145.45. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=146.7. TP4: R2=147.05. Set the stoploss of these orders at breakout of S2=145.05. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
We can see that on the chart there is building up reversal pattern - Inverse Head and Shoulders. This is bullish reversal pattern and important is close above the neckline . Wait for pullback (neckline), it should be good entry. Targets: TP area (agressive) 0.382 Fibo (0.7076) SL: Below the right shoulder -> 0.70260 Wait for entry! Wait for...
Based on Ichimoku cloud, trend forecast is Bearish and we are looking for Short. Just wait and see for the chikou span to break the cloud for confirmation
We are expecting news for the dollar to weaken, and USDJPY is set to go long to 113.60/114. If you don't know, Gold coincides with this pair and will, therefore, be short to my 2 TP's @1277 and, 1260. There seems to be a slightly deformed H&S with the right shoulder taking shape, I expect that this would form when the market opens. The first entry I would look...
We can see that the price on the daily chart has tested EMA 50(HIGH), EMA 100 & 200 too. These could be big supports for the USDJPY pair. It is testing another monthly support (all red horizontal lines). The next demand zone might be at the bullish trendline, where we need to see a confirmation at least on 4H chart. It looks like there could be a pin-bar on the...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=126.25. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=126.7. TP4: R2=126.9. Set the stoploss of these orders at breakout of S2=126.15. 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=0.707. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.7125. TP4: R2=0.7145. Set the stoploss of these orders at breakout of S2=0.7055. 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=146.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.2. 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=146.8. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148. TP4: R2=148.4. Set the stoploss of these orders at breakout of S2=146.2. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Bullish Shark setup on AUDCAD, looks like a good trading opportunity if it closes the ways it does. Entry, Stops and Target share to my subscribers.
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.137. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.141. TP4: R2=1.1435. Set the stoploss of these orders at breakout of S2=1.1355. 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=145.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.95. TP4: R2=146.4. Set the stoploss of these orders at breakout of S2=144.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout...