0X/DOLLAR New trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle (Hammer) at 04.03.2018 . Total Profit: 2505420 Closed trade(s): 395920 Profit Open trade(s): 2109500 Profit
Closed Profit: TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit. TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit. 134960 + 260960 = 395920
Open Profit: Profit for one trade is 1.014940(current price) - 0.593040(open price) = 421900 5 trade(s) still open, therefore total profit for open trade(s) is 421900 x 5 = 2109500 All SLs moved to Break-even point.
Technical analysis: 0x/Dollar is in a range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 70.
Trade active
ZRXUSD ,Weekly Update: TP3 hit with 2595200 profit in 22 days Trade Setup: We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle ( Valley ) at 04.03.2018 . Total Profit: 2595200 Closed trade(s): 980880 Profit Open trade(s): 1614320 Profit
Closed Profit: TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit. TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit. TP3 @ 1.178 touched at 04.24.2018 with 584960 Profit. 134960 + 260960 + 584960 = 980880
Open Profit: Profit for one trade is 0.996620(current price) - 0.593040(open price) = 403580 4 trade(s) still open, therefore total profit for open trade(s) is 403580 x 4 = 1614320 All SLs moved to Break-even point.
Technical analysis: 0x/Dollar is in a Range Bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 62.
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