ForecastCity
Long

A trading opportunity to buy in STRUSD

POLONIEX:STRUSD   Stellar / US Dollar (calculated by TradingView)
Technical analysis:
. STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.

Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the suggested support zone .
. There is still a possibility of temporary retracement to suggested support zone (0.23 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.23)
Ending of entry zone (0.18)

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:

New Take Profits:
TP1= @ 0.31
TP2= @ 0.40
TP3= @ 0.46
TP4= @ 0.66
TP5= @ 0.74
TP6= @ 0.96
TP7= Free

We opened 7 BUY trade(s) @ 0.18415803(day close price) based on a reversal candle ( Hammer ) at 07.12.2018 in our suggested support zone (0.23 to 0.18).

Total Profit: 75022783
Closed trade(s): 12584197 Profit
Open trade(s): 62438586 Profit

Closed Profit:
TP1 @ 0.31 touched at 03.21.2018 with 12584197 Profit.

Open Profit:
Profit for one trade is 0.28822234(current price) - 0.18415803(open price) = 10406431
6 trade(s) still open, therefore total profit for open trade(s) is 10406431 x 6 = 62438586
All SLs moved to Break-even point.
http://www.ForecastCity.com

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com
I like your detailed analysis, very much. Thank you for this and your time, offering us all this.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out