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Weekly forecast TRON technical chart
Symbol TRXUSD

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Trade Setup
#TRXUSD
Total Profit: 23543 pip
Closed trade(s): 9723 pip Profit
Open trade(s): 13820 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.01682 based on 'Valley' entry method at 2020.06.03.

Closed Profit:
TP1 @ 0.02030 touched at 2020.08.01 with 348 pip Profit.
TP2 @ 0.02290 touched at 2020.08.13 with 608 pip Profit.
TP3 @ 0.02670 touched at 2020.08.16 with 988 pip Profit.
TP4 @ 0.03210 touched at 2020.08.18 with 1528 pip Profit.
TP5 @ 0.04045 touched at 2020.09.03 with 2363 pip Profit.
TP6 @ 0.05570 touched at 2021.02.12 with 3888 pip Profit.
348 + 608 + 988 + 1528 + 2363 + 3888 = 9723 pip

Open Profit:
Profit for one trade is 0.05137(current price) - 0.01682(open price) = 3455 pip
4 trade(s) still open, therefore total profit for open trade(s) is 3455 x 4 = 13820 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 0.04045 is broken, we will close open trades.

DateMarch 4, 2021 - 23:08
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.04045 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 0.04045 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.03790 on 02/23/2021, so more gains to resistance(s) 0.05570, 0.06625, 0.08120 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 56.

Take Profits:

  1. 0.02030
  2. 0.02290
  3. 0.02670
  4. 0.03210
  5. 0.04045
  6. 0.05570
  7. 0.06625
  8. 0.08120
  9. 0.10040
Click on the level to view price action history.

Symbol Released Current Forecast
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
TRON (TRXUSD) Sun, 10 Mar 2024
TRON (TRXUSD) Mon, 4 Mar 2024
TRON (TRXUSD) free Sun, 25 Feb 2024