New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.31), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley", 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 opened 7 BUY trade(s) @ 0.21919402(day close price) based on the reversal candle ( ) & ( the Exit in H4 ) at 03.18.2018.
Total Profit: 136583902
Closed trade(s): 51241794 Profit
Open trade(s): 85342108 Profit
TP1 @ 0.31 touched at 04.15.2018 with 9080598 Profit.
TP2 @ 0.40 touched at 04.20.2018 with 18080598 Profit.
TP3 @ 0.46 touched at 04.29.2018 with 24080598 Profit.
9080598 + 18080598 + 24080598 = 51241794
Profit for one trade is 0.43254929(current price) - 0.21919402(open price) = 21335527
4 trade(s) still open, therefore total profit for open trade(s) is 21335527 x 4 = 85342108
All SLs moved to Break-even point.
TP4= @ 0.66
TP5= @ 0.74
TP6= @ 0.96
Stellar/Dollar is in an up trend and continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The is at 67.