website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Eidoo technical chart
Symbol EDOUSD

Download MT4 template file

Trade Setup
#EDOUSD
Total Profit: 37730 pip (959%)
Closed trade(s): 16715 pip Profit (424%)
Open trade(s): 21015 pip Profit (535%)

Trade Setup:
We opened 10 BUY trade(s) @ 0.3945 based on 'Valley' entry method at 2021.01.16.

Closed Profit:
TP1 @ 0.4775 touched at 2021.01.25 with 830 pip Profit (21%).
TP2 @ 0.5785 touched at 2021.01.30 with 1840 pip Profit (47%).
TP3 @ 0.7255 touched at 2021.01.31 with 3310 pip Profit (84%).
TP4 @ 0.8230 touched at 2021.01.31 with 4285 pip Profit (109%).
TP5 @ 1.0395 touched at 2021.01.31 with 6450 pip Profit (163%).
830 (21%) + 1840 (47%) + 3310 (84%) + 4285 (109%) + 6450 (163%) = 16715 pip (424%)

Open Profit:
Profit for one trade is 0.8148(current price) - 0.3945(open price) = 4203 pip (107%)
5 trade(s) still open, therefore total profit for open trade(s) is 4203 (107%) x 5 = 21015 pip (535%)

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 0.5785 is broken, we will close open trades.

DateFebruary 7, 2021 - 18:06
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.5785 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 0.5785 is broken.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of continuation of uptrend is increased.
  • A peak is formed in daily chart at 1.0980 on 02/01/2021, so more losses to support(s) 0.7255 and minimum to Major Support (0.5785) 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 68.

Take Profits:

  1. 0.4775
  2. 0.5785
  3. 0.7255
  4. 0.8230
  5. 1.0395
  6. 1.3680
  7. 2.7205
  8. 3.5300
  9. 6.8690
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo (EDOUSD) Sun, 19 Sep 2021
Eidoo (EDOUSD) Sun, 12 Sep 2021
Eidoo (EDOUSD) Sun, 5 Sep 2021
Eidoo (EDOUSD) Sat, 28 Aug 2021
Eidoo (EDOUSD) Sat, 21 Aug 2021