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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: 18130 pip
Closed trade(s): 3058 pip Profit
Open trade(s): 15072 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.
TP3 @ 72.10 touched at 2020.01.30 with 1641 pip Profit.
436 + 981 + 1641 = 3058 pip

Open Profit:
Profit for one trade is 74.53(current price) - 55.69(open price) = 1884 pip
8 trade(s) still open, therefore total profit for open trade(s) is 1884 x 8 = 15072 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 60.05 is broken, we will close open trades.

DateSun, 02/02/2020 - 18:14
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 60.05 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 60.05 is broken.

Technical analysis:

  • A trough is formed in daily chart at 57.90 on 01/24/2020, so more gains to resistance(s) 82.15, 97.20, 114.85 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 75.

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) Sun, 22 Mar 2020
Monero (XMRUSD) Wed, 11 Mar 2020
Monero (XMRUSD) Sun, 23 Feb 2020
Monero (XMRUSD) Sun, 16 Feb 2020
Monero (XMRUSD) Sun, 9 Feb 2020