ForecastCity
Long

There is a possibility for the beginning of an uptrend in ZRXBTC

POLONIEX:ZRXBTC   0x / Bitcoin
Technical analysis:
. 0X/BITCOIN 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 56.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00010210 to 0.00008920). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00010210)
Ending of entry zone (0.00008920)

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:

Take Profits:
TP1= @ 0.00012060
TP2= @ 0.00013320
TP3= @ 0.00014570
TP4= @ 0.00016360
TP5= @ 0.00018600
TP6= @ 0.00020600
TP7= Free
Trade active: Weekly update: TP2 hit with 18386 pip profit ...


Trade Setup:
We opened 7 BUY trade(s) @ 0.00009802 based on '2-Day Hammer' entry method at 10.04.2018.


Total Profit: 18386 pip
Closed trade(s): 5776 Profit
Open trade(s): 12610 Profit

Closed Profit:
TP1 @ 0.00012060 touched at 10.11.2018 with 2258 Profit.
TP2 @ 0.00013320 touched at 10.11.2018 with 3518 Profit.
2258 + 3518 = 5776

Open Profit:
Profit for one trade is 0.00012324 (current price) - 0.00009802 (open price) = 2522
5 trade(s) still open, therefore total profit for open trade(s) is 2522 x 5 = 12610

Take Profit:
TP3= @ 0.00014570
TP4= @ 0.00016360
TP5= @ 0.00018600
TP6= @ 0.00020600
TP7= Free
Trade active: Weekly update: TP3 hit with 27904 pip profit ...


Trade Setup:
We opened 7 BUY trade(s) @ 0.00009802 based on '2-Day Hammer' entry method at 10.04.2018.


Total Profit: 27904 pip
Closed trade(s): 10544 Profit
Open trade(s): 17360 Profit

Closed Profit:
TP1 @ 0.00012060 touched at 10.11.2018 with 2258 Profit.
TP2 @ 0.00013320 touched at 10.11.2018 with 3518 Profit.
TP3 @ 0.00014570 touched at 10.17.2018 with 4768 Profit.
2258 + 3518 + 4768 = 10544

Open Profit:
Profit for one trade is 0.00014142 (current price) - 0.00009802 (open price) = 4340
4 trade(s) still open, therefore total profit for open trade(s) is 4340 x 4 = 17360
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.00016360
TP5= @ 0.00018600
TP6= @ 0.00020600
TP7= Free
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Excellent! as always!
Thank You for sharing!
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