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 Metaverse ETP technical chart
Symbol ETPUSD

Download MT4 template file

Trade Setup
#ETPUSD
Total Profit: 4261 pip
Closed trade(s): 1013 pip Profit
Open trade(s): 3248 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.1461 based on 'Valley' entry method at 2020.07.17.

Closed Profit:
TP1 @ 0.1770 touched at 2020.07.22 with 309 pip Profit.
TP2 @ 0.2165 touched at 2020.08.03 with 704 pip Profit.
309 + 704 = 1013 pip

Open Profit:
Profit for one trade is 0.1867(current price) - 0.1461(open price) = 406 pip
8 trade(s) still open, therefore total profit for open trade(s) is 406 x 8 = 3248 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.

DateAugust 23, 2020 - 19:15
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.1260 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.1577 on 08/20/2020, so more gains to resistance(s) 0.2165, 0.3000, 0.3695 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 57.

Take Profits:

  1. 0.1770
  2. 0.2165
  3. 0.3000
  4. 0.3695
  5. 0.5000
  6. 0.8890
  7. 1.5330
  8. 2.2125
  9. 3.8660
Click on the level to view price action history.

Symbol Released Current Forecast
Metaverse ETP (ETPUSD) Sun, 5 Sep 2021
Metaverse ETP (ETPUSD) Sat, 28 Aug 2021
Metaverse ETP (ETPUSD) free Sat, 21 Aug 2021
Metaverse ETP (ETPUSD) Sat, 14 Aug 2021
Metaverse ETP (ETPUSD) Sat, 7 Aug 2021