As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.145.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.15.
TP4: R2=1.1535.
Set the stoploss of these orders at breakout of S2=1.144.
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=1.1405.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.145.
TP4: R2=1.1485.
Set the stoploss of these orders at breakout of S2=1.139.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
Looking for a rejection on the resistance level before entering a sell, as there is potential for XAU USD to break through the resistance level.
Gold touched the lows of January early in the week but has bounced back and is now at the best levels since last Friday.
The rebound underscores the $1275-$1300 range that's characterized gold for the past three weeks....
In his way down the price just draw a descending wedge. It might be bouncing after it hit the 0.618. In this case, the first target should be the psychological number 1.60
Also check +DI and -DI on their way to cross and RSI heading upward in a channel.
I hope my analysis is useful for your next trades
Don't forget to hit the like button, I really appreciate...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.67.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.675.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
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=0.67.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.675.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
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=1.2905.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3.
TP4: R2=1.304.
Set the stoploss of these orders at breakout of S2=1.2875.
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=1.2905.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.3.
TP4: R2=1.304.
Set the stoploss of these orders at breakout of S2=1.2875.
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=0.6705.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6755.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
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=0.6705.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6755.
TP4: R2=0.6785.
Set the stoploss of these orders at breakout of S2=0.6685.
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=0.7175.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7235.
TP4: R2=0.7255.
Set the stoploss of these orders at breakout of S2=0.715.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
It appears that once again the price was dumped into the psychological level: 1.7650 (in the midst of large fundamental talks) before price rallied 250 PIPS to the upside & potentially wiping out many traders short profits on the day.
What happened here? Why is this a common theme in the foreign exchange markets? Why is it that so many people lose?
Does this...
price is at bottom of Volume Value Area and Regression Channel
Savius Slope Rider Strategy is signalling a reversal in trend (from last night bearish move)
very low risk at -8 ticks Stop Loss
Target at R1 and top of regression channel +55 tick
