Technical analysis: . EOS/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 53.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00062100 to 0.00053970). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00062100) Ending of entry zone (0.00053970)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00075200 TP2= @ 0.00084600 TP3= @ 0.00090200 TP4= @ 0.00102100 TP5= @ 0.00122150 TP6= @ 0.00138300 TP7= @ 0.00159900 TP8= @ 0.00190400 TP9= @ 0.00229270 TP10= Free
Trade active
Weekly update: TP4 hit with 200588 pip profit ...
Trade Setup: We opened 10 BUY trade(s) @ 0.00066891 based on "2-D Hammer" entry method at 01.14.2019.
Total Profit: 200588 pip Closed trade(s): 84536 Profit Open trade(s): 116052 Profit
Closed Profit: TP1 @ 0.00075200 touched at 02.08.2019 with 8309 Profit. TP2 @ 0.00084600 touched at 02.18.2019 with 17709 Profit. TP3 @ 0.00090200 touched at 02.19.2019 with 23309 Profit. TP4 @ 0.00102100 touched at 02.19.2019 with 35209 Profit. 8309 + 17709 + 23309 + 35209 = 84536
Open Profit: Profit for one trade is 0.00086233 (current price) - 0.00066891 (open price) = 19342 pip 6 trade(s) still open, therefore total profit for open trade(s) is 19342 x 6 = 116052 pip All SLs moved to Break-even point.
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