website utilities


Follow us:
+1 (646) 48 000 22 (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 Maker technical chart
Symbol MKRUSD

Download MT4 template file

Trade Setup

#MKRUSDT
Total Profit: 336508 pip (135%)
Closed trade(s): 66340 pip Profit (27%)
Open trade(s): 270168 pip Profit (108%)

Trade Setup:
We opened 8 BUY trade(s) @ 2441.65 based on 'Valley' entry method at 2021.07.22.

Closed Profit:
TP1 @ 2600.15 touched at 2021.07.24 with 15850 pip Profit (6%).
TP2 @ 2946.55 touched at 2021.07.30 with 50490 pip Profit (21%).
15850 (6%) + 50490 (21%) = 66340 pip (27%)

Open Profit:
Profit for one trade is 2891.93(current price) - 2441.65(open price) = 45028 pip (18%)
6 trade(s) still open, therefore total profit for open trade(s) is 45028 (18%) x 6 = 270168 pip (108%)

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.

DateJuly 31, 2021 - 18:56
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 1774.05, beginning of uptrend is expected.
  • We make sure when the resistance at 2946.55 breaks.
  • If the support at 1774.05 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI resistance #1 at 53 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 2111.00 on 07/20/2021, so more gains maximum to Major Resistance (2946.55) 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 61.

Take Profits:

  1. 2600.15
  2. 2946.55
  3. 3278.95
  4. 3586.10
  5. 4110.15
  6. 4643.10
  7. 6348.60
Click on the level to view price action history.

Symbol Released Current Forecast
Maker (MKRUSD) Mon, 13 Sep 2021
Maker (MKRUSD) Sun, 5 Sep 2021
Maker (MKRUSD) Sun, 29 Aug 2021
Maker (MKRUSD) Sun, 22 Aug 2021
Maker (MKRUSD) Sun, 15 Aug 2021