Languages

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 Santiment technical chart
Symbol SANUSD

Download MT4 template file

Trade Setup
#SANUSD
Total Profit: -5320 pip
Closed trade(s): 0 pip Profit
Open trade(s): -5320 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.2816 based on 'Valley' entry method at 2020.01.17.

Open Profit:
Profit for one trade is 0.2284(current price) - 0.2816(open price) = -532 pip
10 trade(s) still open, therefore total profit for open trade(s) is -532 x 10 = -5320 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.

DateSun, 01/26/2020 - 18:03
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.4350 would begin in Midterm.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 0.295 on 2019-09-24 and the trough at 0.1815 on 2019-12-18, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • A peak is formed in daily chart at 0.3015 on 01/18/2020, so more losses minimum to Trend Hunter Buy Zone (0.2315 to 0.1810) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 48.

Take Profits:

  1. 0.3350
  2. 0.4350
  3. 0.5935
  4. 0.7195
  5. 0.8470
  6. 1.2510
  7. 2.0485
  8. 3.2220
  9. 8.1550
Click on the level to view price action history.

Symbol Released Current Forecast
Santiment (SANUSD) new Sun, 16 Feb 2020
Santiment (SANUSD) free Sun, 9 Feb 2020
Santiment (SANUSD) free Sun, 2 Feb 2020
Santiment (SANUSD) Sun, 26 Jan 2020
Santiment (SANUSD) free Thu, 16 Jan 2020