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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: 8950 pip
Closed trade(s): 1417 pip Profit
Open trade(s): 7533 pip Profit

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

Closed Profit:
TP1 @ 60.05 touched at 2020.01.11 with 436 pip Profit.
TP2 @ 65.50 touched at 2020.01.15 with 981 pip Profit.
436 + 981 = 1417 pip

Open Profit:
Profit for one trade is 64.06(current price) - 55.69(open price) = 837 pip
9 trade(s) still open, therefore total profit for open trade(s) is 837 x 9 = 7533 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 - 18:05
Currentrange bound
Forecastresumption of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 38.50, resumption of uptrend is expected.
  • We make sure when the resistance at 72.10 breaks.
  • If the support at 38.50 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 57.90 on 01/24/2020, so more gains to resistance(s) 65.50 and maximum to Major Resistance (72.10) 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. 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) new Sun, 16 Feb 2020
Monero (XMRUSD) Sun, 9 Feb 2020
Monero (XMRUSD) free Sun, 2 Feb 2020
Monero (XMRUSD) free Sun, 26 Jan 2020
Monero (XMRUSD) free Sun, 12 Jan 2020