Trading plan for EURUSD, GBPUSD, USDJPY for 16/02/2021
EURUSD*
Technical analysis**:
Trend: 0
Trend power: 0
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,2160 with a stop loss above 1,2220 and a take profit near 1,2060.
Buy near 1,2050 with a stop loss above 1,2020 and a take profit near 1,2150.
Buy near 1,1960 with a stop loss above 1,1920 and a take profit near 1,2060.
GBPUSD
Technical analysis**:
Trend: 1
Trend power: 4
Overbought/Oversold: overbuying
Preferable trade direction: buy
Sell near 1,4000 with a stop loss above 1,4050 and a take profit near 1,3900.
Buy near 1,3850 with a stop loss above 1,3800 and a take profit near 1,3950.
Buy near 1,3740 with a stop loss above 1,3700 and a take profit near 1,3850.
USDJPY
Technical analysis**:
Trend: 0
Trend power: 3
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 104,50 with a stop loss above 104,20 and a take profit near 105,50.
Buy near 103,80 with a stop loss above 103,40 and a take profit near 104,50.
Sell near 105,60 with a stop loss above 105,90 and a take profit near 104,90.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Technical analysis**:
Trend: 0
Trend power: 0
Overbought/Oversold: absent
Preferable trade direction: sell
Sell near 1,2160 with a stop loss above 1,2220 and a take profit near 1,2060.
Buy near 1,2050 with a stop loss above 1,2020 and a take profit near 1,2150.
Buy near 1,1960 with a stop loss above 1,1920 and a take profit near 1,2060.
GBPUSD
Technical analysis**:
Trend: 1
Trend power: 4
Overbought/Oversold: overbuying
Preferable trade direction: buy
Sell near 1,4000 with a stop loss above 1,4050 and a take profit near 1,3900.
Buy near 1,3850 with a stop loss above 1,3800 and a take profit near 1,3950.
Buy near 1,3740 with a stop loss above 1,3700 and a take profit near 1,3850.
USDJPY
Technical analysis**:
Trend: 0
Trend power: 3
Overbought/Oversold: absent
Preferable trade direction: buy
Buy near 104,50 with a stop loss above 104,20 and a take profit near 105,50.
Buy near 103,80 with a stop loss above 103,40 and a take profit near 104,50.
Sell near 105,60 with a stop loss above 105,90 and a take profit near 104,90.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
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Больше информации на нашем ютьюб-канале
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