ForecastCity
Long

0XUSD ,TP2 hit with 2505420 profit. New Buy Opportunity...

BINANCE:ZRXUSD   0x / US Dollar (calculated by TradingView)
0X/DOLLAR
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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:

Trade Setup:
We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle ( Hammer ) at 04.03.2018 .

Total Profit: 2505420
Closed trade(s): 395920 Profit
Open trade(s): 2109500 Profit

Closed Profit:
TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit.
TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit.
134960 + 260960 = 395920

Open Profit:
Profit for one trade is 1.014940(current price) - 0.593040(open price) = 421900
5 trade(s) still open, therefore total profit for open trade(s) is 421900 x 5 = 2109500
All SLs moved to Break-even point.

Take Profits:
TP3= @ 1.178
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529
TP7=Free

Technical analysis:
0x/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 70.
Trade active: ZRXUSD ,Weekly Update: TP3 hit with 2595200 profit in 22 days

Trade Setup:
We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle ( Valley ) at 04.03.2018 .

Total Profit: 2595200
Closed trade(s): 980880 Profit
Open trade(s): 1614320 Profit

Closed Profit:
TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit.
TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit.
TP3 @ 1.178 touched at 04.24.2018 with 584960 Profit.
134960 + 260960 + 584960 = 980880

Open Profit:
Profit for one trade is 0.996620(current price) - 0.593040(open price) = 403580
4 trade(s) still open, therefore total profit for open trade(s) is 403580 x 4 = 1614320
All SLs moved to Break-even point.

Take Profits:
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529
TP7=Free

Technical analysis:
0x/Dollar is in a Range Bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 62.
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