There is a probability of resuming the uptrend in NANOETH
Updated
Technical analysis:
. NANO/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. While the RSI support line and the price support zone in the Daily chart are not broken, Bullish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.010041 to 0.008938). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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:
Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Take Profits:
TP1= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
. NANO/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
. While the RSI support line and the price support zone in the Daily chart are not broken, Bullish wave in price would continue.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.010041 to 0.008938). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.010041)
Ending of entry zone (0.008938)
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:
Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Take Profits:
TP1= @ 0.011500
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
Trade active
Weekly update: TP1 hit with 6682 pip profit ... Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Total Profit: 6682 pip
Closed trade(s): 826 Profit
Open trade(s): 5856 Profit
Closed Profit:
TP1 @ 0.011500 touched at 09.13.2018 with 826 Profit.
Open Profit:
Profit for one trade is 0.011650 (current price) - 0.010674 (open price) = 976
6 trade(s) still open, therefore total profit for open trade(s) is 976 x 6 = 5856
Take Profit:
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
Trade active
Weekly update: TP1 hit with 6682 pip profit ... Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on ' 2-Day Hammer ' entry method at 09.06.2018.
Total Profit: 6682 pip
Closed trade(s): 826 Profit
Open trade(s): 5856 Profit
Closed Profit:
TP1 @ 0.011500 touched at 09.13.2018 with 826 Profit.
Open Profit:
Profit for one trade is 0.011650 (current price) - 0.010674 (open price) = 976
6 trade(s) still open, therefore total profit for open trade(s) is 976 x 6 = 5856
Take Profit:
TP2= @ 0.012660
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
Trade active
Weekly update: TP2 hit with 10037 pip profit ... Trade Setup:
We opened 7 BUY trade(s) @ 0.010674 based on '2-Day Hammer' entry method at 09.06.2018.
Total Profit: 10037 pip
Closed trade(s): 2812 Profit
Open trade(s): 7225 Profit
Closed Profit:
TP1 @ 0.011500 touched at 09.13.2018 with 826 Profit.
TP2 @ 0.012660 touched at 09.14.2018 with 1986 Profit.
826 + 1986 = 2812
Open Profit:
Profit for one trade is 0.012119 (current price) - 0.010674 (open price) = 1445
5 trade(s) still open, therefore total profit for open trade(s) is 1445 x 5 = 7225
All SLs moved to Break-even point.
Take Profit:
TP3= @ 0.013485
TP4= @ 0.014110
TP5= @ 0.016336
TP6= @ 0.019970
TP7= Free
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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