There is possibility for the beginning of uptrend in STRATUSD !!
Updated
Technical analysis:
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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 5.29
TP2= @ 6.88
TP3= @ 8.39
TP4= @ 10.49
TP5= @ 16.45
TP6= @ 23.22
TP7= Free
- STARTIS/DOLLAR is in a down trend and Beginning of up trend is expected.
- The price is below the 21-Day WEMA which acts as a dynamic resistance.
- The RSI is at 37.
Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (3.75 to 2.24), if so, traders can set orders based on Price Action and expect to reach short-term targets. - Beginning of entry zone (3.75)
- Ending of entry zone (2.24)
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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 5.29
TP2= @ 6.88
TP3= @ 8.39
TP4= @ 10.49
TP5= @ 16.45
TP6= @ 23.22
TP7= Free
Trade active
Weekly update: TP2 hit. Total profit 619905245 in 25 days.!!Stratis/Dollar
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would resume.
There is still possibility of temporary retracement to suggested support zone (3.75 to 2.24), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (3.75)
Ending of entry zone (2.24)
Trade Setup:
We opened 7 BUY trade(s) @ 3.65628965 (day close price) based on 2-day reversal candle (2-day Hammer ) at 04.02.2018 .
Total Profit: 619905245
Closed trade(s): 485742070 Profit
Open trade(s): 134163175 Profit
Closed Profit:
TP1 @ 5.29 touched at 04.18.2018 with 163371035 Profit.
TP2 @ 6.88 touched at 04.24.2018 with 322371035 Profit.
163371035 + 322371035 = 485742070
Open Profit:
Profit for one trade is 6.33861600(current price) - 3.65628965(open price) = 268232635
5 trade(s) still open, therefore total profit for open trade(s) is 268232635 x 5 = 134163175
All SLs moved to Break-even point.
Take Profit:
TP3= @ 8.39
TP4= @ 10.49
TP5= @ 16.45
TP6= @ 23.22
TP7= Free
Technical analysis:
Stratis/Dollar is in a range bound and resumption 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.
Trade active
Weekly update: TP3 hit. Total profit 2014353105 in 43 days.!! Stratis/Dollar
trading suggestion:
The price is in a range bound, but we forecast the uptrend would continue.
There is still a possibility of temporary retracement to suggested support zone (3.75 to 2.24). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (3.75)
Ending of entry zone (2.24)
Trade Setup:
We opened 7 BUY trade(s) @ 3.65628965 (day close price) based on 2-day reversal candle (2-day Hammer ) at 04.02.2018 .
Total Profit: 2014353105
Closed trade(s): 959113105 Profit
Open trade(s): 1055240000 Profit
Closed Profit:
TP1 @ 5.29 touched at 04.18.2018 with 163371035 Profit.
TP2 @ 6.88 touched at 04.24.2018 with 322371035 Profit.
TP3 @ 8.39 touched at 05.05.2018 with 322371035 Profit.
163371035 + 322371035 + 473371035 = 959113105
Open Profit:
Profit for one trade is 6.29438965(current price) - 3.65628965(open price) = 263810000
4 trade(s) still open, therefore total profit for open trade(s) is 263810000 x 4 = 1055240000
All SLs moved to Break-even point.
Take Profit:
TP4= @ 10.49
TP5= @ 16.45
TP6= @ 23.22
TP7= Free
Technical analysis:
Stratis/Dollar is in a range bound and continuation of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
Relative strength index ( RSI ) is 49.
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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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