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Trend Hunter performance since 2015 for this symbol

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Weekly forecast Monero technical chart
Symbol XMRUSD

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Trade Setup
#XMRUSD
Total Profit: 54108 pip
Closed trade(s): 19780 pip Profit
Open trade(s): 34328 pip Profit

Trade Setup:
We opened 14 BUY trade(s) @ 50.70 based on 'Hammer' entry method at 2019.03.12.

Closed Profit:
TP1 @ 56.70 touched at 2019.03.31 with 600 pip Profit.
TP2 @ 65.50 touched at 2019.04.02 with 1480 pip Profit.
TP3 @ 76.30 touched at 2019.05.11 with 2560 pip Profit.
TP4 @ 88.65 touched at 2019.05.15 with 3795 pip Profit.
TP5 @ 100.00 touched at 2019.06.19 with 4930 pip Profit.
TP6 @ 114.85 touched at 2019.06.22 with 6415 pip Profit.
600 + 1480 + 2560 + 3795 + 4930 + 6415 = 19780 pip

Open Profit:
Profit for one trade is 93.61(current price) - 50.70(open price) = 4291 pip
8 trade(s) still open, therefore total profit for open trade(s) is 4291 x 8 = 34328 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 71.30 is broken, we will close open trades.

DateWed, 08/07/2019 - 17:53
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 71.30 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 71.30 is broken.

Technical analysis:

  • The RSI bounced from the support #1 at 35 and it prevented price from more losses.
  • A trough is formed in daily chart at 71.80 on 07/17/2019, so more gains to resistance(s) 100.00, 114.85, 137.95 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 61.

Take Profits:

  1. 56.70
  2. 65.50
  3. 76.30
  4. 88.65
  5. 100.00
  6. 114.85
  7. 137.95
  8. 149.10
  9. 168.70
  10. 230.10
  11. 298.90
  12. 372.35
  13. 447.10
Click on the level to view price action history.

Symbol Released Current Forecast
Monero (XMRUSD) free Wed, 7 Aug 2019
Monero (XMRUSD) Sun, 28 Jul 2019
Monero (XMRUSD) Sat, 20 Jul 2019
Monero (XMRUSD) Sat, 13 Jul 2019
Monero (XMRUSD) Sat, 6 Jul 2019