ETHEREUM/DOLLAR Total Profit: 815908 pip Closed trade(s): 55057 pip Profit Open trade(s): 760851 pip Profit
Trade Setup: We opened 10 BUY trade(s) @ 420.243 based on 'Hammer' entry method at 04.11.2018.(we use SimpleFX.com standard charts as reference.) Closed Profit: TP1 @ 475.300 touched at 2018.04.12 with 55057 pip Profit.
Open Profit: Profit for one trade is 504.782(current price) - 420.243(open price) = 84539 pip 9 trade(s) still open, therefore total profit for open trade(s) is 84539 x 9 = 760851 pip
Take Profits: TP2= @ 553.100 TP3= @ 630.500 TP4= @ 729.300 TP5= @ 864.550 TP6= @ 970.450 TP7= @ 1151.600 TP8= @ 1229.700 TP9= @ 1415.950 TP10= Free Midterm forecast: While the price is above the support 272.650, resumption of uptrend is expected. We make sure when the resistance at 630.500 breaks. If the support at 272.650 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis: Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index ( RSI ) is 56.
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