💡Don't miss the great buy opportunity in BTCUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (54580).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 57600
TP2= @ 59445
TP3= @ 61760
TP4= @ 65000
TP5= @ 67700
SL= Break below S2
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Btcdollar
BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1Trade Setup summary:
Profit targets=340900 pip (28000 + 56500 + 91400 + 165000)
Stop Loss =78800 pip
Reward/Risk > 4.3 : 1
Current Status:
Total Profit: 177537 pip
Closed trade(s): 100337 pip Profit
Open trade(s): 77200 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 :
Closed Profit:
TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit.
TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit.
TP3 @ 11985.0 touched at 2020.08.01 with 61779 pip Profit.
5279 + 33279 + 61779 = 100337
Open Profit:
Profit for one trade is 1153.21(current price) - 11367.21(open price) = 38600 pip
2 trade(s) still open, therefore total profit for open trade(s) is 38600 x 2 = 77200 pip
Technical analysis:
. BTCUSD 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 64.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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BTCUSD Update: Profit=340900 SL=78800 Reward/Risk > 4.3:1 Trade Setup summary:
Profit targets=340900 pip (28000 + 56500 + 91400 + 165000)
Stop Loss =78800 pip
Reward/Risk > 4.3 : 1
Current Status:
Total Profit: 111758 pip
Closed trade(s): 38558 pip Profit
Open trade(s): 73200 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 :
Closed Profit:
TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit.
TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit.
5279 + 33279 = 38558
Open Profit:
Profit for one trade is 11611.21(current price) - 11367.21(open price) = 24400 pip
3 trade(s) still open, therefore total profit for open trade(s) is 24400 x 3 = 73200 pip
Break Even 11223.00
Technical analysis:
. BTCUSD 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 69.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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BTCUSD Update: Profit=622900 SL=94000 Reward/Risk > 6.6:1 Trade Setup summary:
Profit targets=622900 pip (56400 + 84400 + 112900 + 147800 + 221400)
Stop Loss =94000 pip
Reward/Risk > 6.6 : 1
Current Status:
Total Profit: 272400 pip
Closed trade(s): 272400 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.00 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.00 touched at 2020.07.21 with 17200 pip Profit.
TP3 @ 9475.00 touched at 2020.07.22 with 26300 pip Profit.
TP4 @ 9712.00 touched at 2020.07.25 with 50000 pip Profit.
TP5 @ 9900.00 touched at 2020.07.26 with 68800 pip Profit.
TP6 @ 10240.0 touched at 2020.07.26 with 102800 pip Profit.
7300 + 17200 + 26300 + 50000 + 68800 + 102800 = 272400
Technical analysis:
. BTCUSD 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 65.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (10856.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 11420.0
TP2= @ 11700.0
TP3= @ 11985.0
TP4= @ 12334.0
TP5= @ 13070.0
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BTCUSD Update: Profit=373800 SL=81600 Reward/Risk > 4.6 : 1Trade Setup summary:
Profit targets=373800 pip (24200 + 34100 + 43200 + 66900 + 85700 + 119700)
Stop Loss =81600 pip
Reward/Risk > 4.6 : 1
Current Status:
Total Profit: 70348 pip
Closed trade(s): 24500 pip Profit
Open trade(s): 45848 pip Profit
Trade Setup:
We opened 6 BUY trade(s) @ 9212.00 based on 'previous Forecast' at 2020.07.15 :
Closed Profit:
TP1 @ 9285.0 touched at 2020.07.21 with 7300 pip Profit.
TP2 @ 9384.0 touched at 2020.07.21 with 17200 pip Profit.
7300 + 17200 = 24500
Open Profit:
Profit for one trade is 9326.62(current price) - 9212.00(open price) = 11462 pip
4 trade(s) still open, therefore total profit for open trade(s) is 11462 x 4 = 45848 pip
Break Even 0.658
Technical analysis:
. BTCUSD 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 59.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (9220.00) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP1= @ 9285.00
TP2= @ 9384.00
TP3= @ 9475.00
TP4= @ 9712.00
TP5= @ 9900.00
TP6= @ 10240.0
SL= Break below S2
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Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9096.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 9303.0
TP2= @ 9484.0
TP3= @ 9791.8
TP4= @ 10009.5
TP5= @ 10497.5
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9322.8). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 9597.0
TP2= @ 9719.0
TP3= @ 9840.0
TP4= @ 10009.0
TP5= @ 10424.0
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a uptrend and the Continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 10505.20
TP2= @ 12138.65
TP3= @ 13869.90
SL= Break below S2
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (7412.60). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
Take Profits:
TP1= @ 8357.70
TP2= @ 9911.45
TP3= @ 12310.45
SL= Break below S2
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9325.90). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 10175.20
TP2= @ 10994.65
TP3= @ 11803.00
SL= @ 8940.00
There is a great trading opportunity to buy in BTCUSD..Midterm Forecast:
While the price is above the support 4966.90, resumption of the uptrend is expected.
We make sure when the resistance at 8200.00 breaks.
If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 44.
New Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (6000.00 to 5460.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (6000.00)
Ending of entry zone (5460.00)
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 :
New Trade Setup:
We opened 12 BUY trade(s) @ 6118.08 based on 'Hammer' entry method at 2018.08.14.
Total Profit: 462720 pip
Closed trade(s): 0 pip Profit
Open trade(s): 462720 pip Profit
Open Profit:
Profit for one trade is 6503.68(current price) - 6118.08(open price) = 38560 pip
12 trade(s) still open, therefore total profit for open trade(s) is 38560 x 12 = 462720 pip
New Take Profits:
TP1= @ 6700.00
TP2= @ 7075.00
TP3= @ 7682.60
TP4= @ 8200.00
TP5= @ 8800.00
TP6= @ 9800.00
TP7= @ 11600.00
TP8= @ 12700.00
TP9= @ 14350.00
TP10= @ 17095.65
TP11= @ 19704.20
TP12= Free
Previous Trade Setup:
We opened 11 BUY trade(s) @ 6275.35 based on 'Trough (Valley)' entry method at 2018.07.15.
Total Profit: 224590 pip
Closed trade(s): 224590 pip Profit
Open trade(s): 0 pip Profit
Previous Closed Profit:
TP1 @ 6415.00 touched at 2018.07.16 with 13965 pip Profit.
TP2 @ 6974.35 touched at 2018.07.17 with 69900 pip Profit.
TP3 @ 7682.60 touched at 2018.07.23 with 140725 pip Profit.
13965 + 69900 + 140725 = 224590 pip
8 other break-even trades closed at entry price, therefore no profit no loss.
There is a trading opportunity to buy in BTCUSD..Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
Technical analysis:
. The RSI bounced from the support #1 at 26 and it prevented the price from more losses.
. The RSI downtrend #2 is broken, so the probability of resumption of uptrend is increased.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 44.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would resume.
. There is a possibility of temporary retracement to suggested support zone (6000 to 5460). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (6000)
Ending of entry zone (5460)
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 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= @6415.00
TP2= @6974.35
TP3= @7682.60
TP4= @8760.45
TP5= @9774.80
TP6= @11600.00
TP7= @12700.00
TP8= @14350.00
TP9= @17095.65
TP10= @19704.20
TP11=Free
A Bullish Engulfing Pattern is formed in Bitcoin daily chartMidterm Forecast:
. While the price is above the support 6000.00, resumption of uptrend is expected.
. We make sure when the resistance at 9774.80 breaks.
. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
.While the RSI support #1 at 30 is not broken, the probability of price decrease would be too low.
. The RSI downtrend #2 is broken, so the probability of a resumption of uptrend is increased.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 41.
. A "Bullish Engulfing Pattern" is formed in the daily chart at 7469.45 on 05/29/2018, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (6974.35 to 6000.00). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (6974.35)
Ending of entry zone (6000.00)
Take Profits:
TP1= @ 7556.25
TP2= @ 8180.60
TP3= @ 9051.90
TP4= @ 9774.80
TP5= @ 11600.00
TP6= @ 12750.00
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Total Profit: 1181981 pip
Closed trade(s): 770015 pip Profit
Open trade(s): 411966 pip Profit
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit.
84040 + 146475 + 233605 + 305895 = 770015 pip
Open Profit:
Profit for one trade is 7402.46(current price) - 6715.85(open price) = 68661 pip
6 trade(s) still open, therefore total profit for open trade(s) is 68661 x 6 = 411966 pip
Weekly analysis: would Bullish wave continue?Midterm forecast:
While the price is above the support 6000.00, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 34.
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Total Profit: 1144505 pip
Closed trade(s): 770015 pip Profit
Open trade(s): 374490 pip Profit
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
TP4 @ 9774.80 touched at 2018.05.05 with 305895 pip Profit.
84040 + 146475 + 233605 + 305895 = 770015 pip
Open Profit:
Profit for one trade is 7340.00(current price) - 6715.85(open price) = 62415 pip
6 trade(s) still open, therefore total profit for open trade(s) is 62415 x 6 = 374490 pip
Take Profits:
TP5= @ 11600.00
TP6= @ 12670.65
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free
A New Trading Opportunity!! TP3 hit with 1884035 profit .....!BITCOIN/DOLLAR
Midterm forecast:
There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets.
While the price is above the support 8180.60, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 8180.60 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 8180.60 is broken.
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 67.
Total Profit: 1884035 pip
Closed trade(s): 464120 pip Profit
Open trade(s): 1419915 pip Profit
Trade Setup:
We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01.
Closed Profit:
TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit.
TP2 @ 8180.60 touched at 2018.04.15 with 146475 pip Profit.
TP3 @ 9051.90 touched at 2018.04.24 with 233605 pip Profit.
84040 + 146475 + 233605 = 464120 pip
Open Profit:
Profit for one trade is 8744.30(current price) - 6715.85(open price) = 202845 pip
7 trade(s) still open, therefore total profit for open trade(s) is 202845 x 7 = 1419915 pip
Take Profits:
TP4= @ 9774.80
TP5= @ 11600.00
TP6= @ 12670.65
TP7= @ 15308.00
TP8= @ 17095.65
TP9= @ 19704.20
TP10= Free