Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.178). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 1.1720
TP2= @ 1.1690
TP3= @ 1.1625
SL: Break Above R2
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USD
Don't miss the great buy opportunity in USDJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (106.15). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDJPY 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 66.
Take Profits:
TP1= @ 106.55
TP2= @ 106.80
TP3= @ 107.35
TP4= @ 107.80
TP5= @ 109.57
SL= Break below S2
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Don't miss the great buy opportunity in XRPUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2901). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XRPUSD 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 52.
Take Profits:
TP1= @ 0.2984
TP2= @ 0.3100
TP3= @ 0.3250
TP4= @ 0.3496
TP5= @ 0.3793
SL= Break below S2
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Don't miss the great sell opportunity in XAUUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (2036) or also on uptrend breakup. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. XAUUSD is in a range bound and the beginning of down trend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 2023
TP2= @ 2009
TP3= @ 1983
TP4= @ 1963
TP5= @ 1947
SL= Break above R2
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TRXUSD Update: Profit=19400 SL=5400 Reward/Risk > 3.6:1 Trade Setup summary:
Profit targets=19400 pip (7300 + 12100)
Stop Loss =5400 pip
Reward/Risk > 3.6: 1
Current Status:
Total Profit: 19500 pip
Closed trade(s): 4300 pip Profit
Open trade(s): 15200 pip Profit
Trade Setup:
We opened 3 BUY trade(s) @ 0.014 based on 'previous Forecast' at 2020.05.10 :
Closed Profit:
TP1 @ 0.0183 touched at 2020.06.08 with 4300 pip Profit.
Open Profit:
Profit for one trade is 0.0216(current price) - 0.0140(open price) = 7600 pip
2 trade(s) still open, therefore total profit for open trade(s) is 7600 x 2 = 15200 pip
Technical analysis:
. TRXUSD 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 70.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested uptrend and also a price rejection from uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP2= @ 0.0225
TP3= @ 0.0267
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WTI . Important Technical Analysis UpdateMidterm forecast:
. While the price is below the resistance 43.60, beginning of downtrend is expected.
. We make sure when the support at 30.85 breaks.
. If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
. There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08 and the peak at 43.595 on 2020-08-05, the probability of uptrend continuation is decreased and the . probability of beginning of downtrend is increased.
. While the RSI support #1 at 52 is not broken, the probability of price decrease would be too low.
. A peak is formed in daily chart at 43.60 on 08/05/2020, so more losses to support(s) 38.85, 37.15, 34.60 and minimum to Major Support (30.85) is expected.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index (RSI) is 58.
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GOLD Weekly Technical Analysis UpdateMidterm forecast:
1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 79.
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Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.664). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6605
TP2= @ 0.6585
TP3= @ 0.6560
TP4= @ 0.6531
TP5= @ 0.6502
SL: Break Above R2
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Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (1.1819). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.1750
TP2= @ 1.1708
TP3= @ 1.1626
TP4= @ 1.1562
TP5= @ 1.1463
SL= Break Above R2
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Don't miss the great buy opportunity in USDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3333). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCAD 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 price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.3375
TP2= @ 1.3405
TP3= @ 1.3452
TP4= @ 1.3488
TP5= @ 1.3530
SL= Break below S2
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ETHUSD Update: Profit=32250 SL=11600 Reward/Risk > 2.8:1 Trade Setup summary:
Profit targets=32250 pip (2350 + 5620 + 9320 + 14960)
Stop Loss =11600 pip
Reward/Risk > 2.8 : 1
Current Status:
Total Profit: 29400 pip
Closed trade(s): 5400 pip Profit
Open trade(s): 24000 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 339.00 based on 'previous Forecast' at 2020.08.02 :
Closed Profit:
TP1 @ 393.00 touched at 2020.08.03 with 5400 pip Profit.
Open Profit:
Profit for one trade is 399.00(current price) - 339.00(open price) = 6000 pip
4 trade(s) still open, therefore total profit for open trade(s) is 6000 x 4 = 24000 pip
Technical analysis:
. ETHUSD 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 61.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested Uptrend and price reject from uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP2= @ 416.50
TP3= @ 449.20
TP4= @ 486.20
TP5= @ 542.60
SL: Break Below Uptrend
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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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LTCUSD Update: Profit=69525 SL=6310 Reward/Risk > 11:1 Trade Setup summary:
Profit targets=69525 pip (690+ 1230+ 1960+ 3060+ 4085 + 6070+ 7505+ 10280+ 15280+ 19365)
Stop Loss =6310 pip
Reward/Risk > 11: 1
Current Status:
Total Profit: 7508 pip
Closed trade(s): 1172 pip Profit
Open trade(s): 6336 pip Profit
Trade Setup:
We opened 11 BUY trade(s) @ 47.49 based on 'Valley' entry method at 2020.07.25.
Closed Profit:
TP1 @ 50.65 touched at 2020.07.26 with 316 pip Profit.
TP2 @ 56.05 touched at 2020.07.28 with 856 pip Profit.
316 + 856 = 1172
Open Profit:
Profit for one trade is 54.53(current price) - 47.49(open price) = 704 pip
9 trade(s) still open, therefore total profit for open trade(s) is 704 x 9 = 6336 pip
Technical analysis:
. LTCUSD 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 72.
New trading suggestion:
* There is still a possibility of temporary retracement to suggested support line (48.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (48.75).
Take Profits:
TP1= 50.65
TP2= 56.05
TP3= 63.35
TP4= 74.35
TP5= 84.60
TP6= 104.45
TP7= 118.80
TP8= 146.55
TP9= 196.55
TP10= 237.40
TP11= Free
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XRPUSD Update: Profit=92000 SL=12000 Reward/Risk > 7.6:1 Trade Setup summary:
Profit targets=92000 pip (4000 + 9000 + 12000 + 17700 + 22300 + 27000)
Stop Loss = 12000 pip
Reward/Risk > 7.6 : 1
Current Status:
Total Profit: 33000 pip
Closed trade(s): 22000 pip Profit
Open trade(s): 11000 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 0.19000 based on 'previous Forecast' at 2020.07.16 :
Closed Profit:
TP1 @ 0.210 touched at 2020.07.23 with 2000 pip Profit.
TP2 @ 0.230 touched at 2020.07.26 with 4000 pip Profit.
TP3 @ 0.250 touched at 2020.07.29 with 6000 pip Profit.
TP4 @ 0.290 touched at 2020.08.01 with 10000 pip Profit.
2000 + 4000 + 6000 + 10000 = 22000
Open Profit:
Profit for one trade is 0.30000(current price) - 0.19000(open price) = 11000 pip
1 trade(s) still open, therefore total profit for open trade(s) is 11000 x 1 = 11000 pip
Technical analysis:
. XRPUSD 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 79.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP4= @ 0.290
TP5= @ 0.340
TP6= @ 0.370
TP7= @ 0.427
TP8= @ 0.473
TP9= @ 0.520
SL= Break below TP2
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Don't miss the great sell opportunity in EURUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1785). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 1.1741
TP2= @ 1.1699
TP3= @ 1.1602
TP4= @ 1.1506
TP5= @ 1.1420
SL: Break Above R2
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Don't miss the great sell opportunity in NZDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6614). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6575
TP2= @ 0.6505
TP3= @ 0.6446
TP4= @ 0.6376
TP5= @ 0.6333
SL: Break Above R2
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ZECUSD Update: Profit=124950 SL=11600 Reward/Risk > 10.7:1 Trade Setup summary:
Profit targets=124950 pip (2100 + 3965 + 5205 + 7040 + 8640 +9870 + 14980 + 19540 + 23670 + 29940)
Stop Loss =11600 pip
Reward/Risk > 10.7 : 1
Current Status:
Total Profit: 7732 pip
Closed trade(s): 4192 pip Profit
Open trade(s): 3540 pip Profit
Trade Setup:
We opened 3 BUY trade(s) @ 48.84 based on 'previous Forecast' at 2020.06.12 :
Closed Profit:
TP1 @ 64.00 touched at 2020.07.22 with 1516 pip Profit.
TP2 @ 75.60 touched at 2020.08.01 with 2676 pip Profit.
1516 + 2676 = 4192
Open Profit:
Profit for one trade is 84.24(current price) - 48.84(open price) = 3540 pip
1 trade(s) still open, therefore total profit for open trade(s) is 3540 x 1 = 3540 pip
Technical analysis:
. ZECUSD 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 73.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (75.60) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 96.60
TP2= @ 115.25
TP3= @ 127.65
TP4= @ 146.00
TP5= @ 162.00
TP6= @ 174.30
TP7= @ 225.40
TP8= @ 271.00
TP9= @ 312.30
TP10= @ 375.00
SL= Break below 64.00
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Don't miss the great buy opportunity in USDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9165). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDCHF 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.
Take Profits:
TP1= @ 0.9260
TP2= @ 0.9362
TP3= @ 0.6937
TP4= @ 0.9455
TP5= @ 0.9585
SL= Break below S2
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