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Dear Subscribers,
We would like to inform you that, the UK's Conservative Party leadership election on 23.07.2019, will be significantly important and may trigger abnormal market conditions, including but not limited to:
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Trend Hunter performance since 2015 for this symbol

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Weekly forecast Bitcoin / EUR technical chart
Symbol BTCEUR

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Trade Setup
#BTCEUR
Total Profit: 3072735 pip
Closed trade(s): 994161 pip Profit
Open trade(s): 2078574 pip Profit

Trade Setup:
We opened 13 BUY trade(s) @ 3473.22 based on 'Valley' entry method at 2019.03.05.

Closed Profit:
TP1 @ 3660.65 touched at 2019.03.29 with 18743 pip Profit.
TP2 @ 3847.20 touched at 2019.04.02 with 37398 pip Profit.
TP3 @ 4361.80 touched at 2019.04.02 with 88858 pip Profit.
TP4 @ 4958.00 touched at 2019.04.23 with 148478 pip Profit.
TP5 @ 5305.05 touched at 2019.05.03 with 183183 pip Profit.
TP6 @ 5821.60 touched at 2019.05.13 with 234838 pip Profit.
TP7 @ 6299.85 touched at 2019.05.13 with 282663 pip Profit.
18743 + 37398 + 88858 + 148478 + 183183 + 234838 + 282663 = 994161 pip

Open Profit:
Profit for one trade is 6937.51(current price) - 3473.22(open price) = 346429 pip
6 trade(s) still open, therefore total profit for open trade(s) is 346429 x 6 = 2078574 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 4361.80 is broken, we will close open trades.

DateMon, 05/13/2019 - 18:45
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 4361.80 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 4361.80 is broken.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
  • A trough is formed in daily chart at 4361.80 on 04/12/2019, so more gains to resistance(s) 7193.00, 8166.60, 9300.00 and more heights 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 88.

Take Profits:

  1. 3660.65
  2. 3847.20
  3. 4361.80
  4. 4958.00
  5. 5305.05
  6. 5821.60
  7. 6299.85
  8. 7193.00
  9. 8166.60
  10. 9300.00
  11. 11451.00
  12. 14200.00
Click on the level to view price action history.

Symbol Released Current Forecast
Bitcoin / EUR (BTCEUR) Sat, 20 Jul 2019
Bitcoin / EUR (BTCEUR) Sat, 13 Jul 2019
Bitcoin / EUR (BTCEUR) Sat, 6 Jul 2019
Bitcoin / EUR (BTCEUR) Thu, 20 Jun 2019
Bitcoin / EUR (BTCEUR) Tue, 11 Jun 2019