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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: 719 pip
Closed trade(s): 719 pip Profit
Open trade(s): 0 pip Profit

Trade Setup:
We opened 11 BUY trade(s) @ 59.18 based on 'Valley' entry method at 2019.10.25.

Closed Profit:
TP1 @ 60.05 touched at 2019.10.26 with 87 pip Profit.
TP2 @ 65.50 touched at 2019.10.26 with 632 pip Profit.
87 + 632 = 719 pip

9 other break-even trades closed at entry price, therefore no profit no loss.

#XMRUSD
Total Profit: -2871 pip
Closed trade(s): 0 pip Profit
Open trade(s): -2871 pip Profit

Trade Setup:
We opened 11 BUY trade(s) @ 55.69 based on 'Valley' entry method at 2019.11.27.

Open Profit:
Profit for one trade is 53.08(current price) - 55.69(open price) = -261 pip
11 trade(s) still open, therefore total profit for open trade(s) is -261 x 11 = -2871 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, 12/01/2019 - 19:38
Currentrange bound
Forecastresumption of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 38.50, resumption of uptrend is expected.
  • We make sure when the resistance at 65.50 breaks.
  • If the support at 38.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • The RSI bounced from the uptrend #1 and it prevented price from more losses.
  • A peak is formed in daily chart at 67.30 on 11/07/2019, so more losses to support(s) 48.00, 41.70 and minimum to Major Support (38.50) 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 42.

Take Profits:

  1. 60.05
  2. 65.50
  3. 72.10
  4. 82.15
  5. 97.20
  6. 114.85
  7. 137.95
  8. 168.70
  9. 230.10
  10. 298.90
Click on the level to view price action history.

Symbol Released Current Forecast
Monero (XMRUSD) free Sun, 12 Jan 2020
Monero (XMRUSD) Mon, 30 Dec 2019
Monero (XMRUSD) Tue, 24 Dec 2019
Monero (XMRUSD) Mon, 9 Dec 2019
Monero (XMRUSD) Sun, 15 Dec 2019