The end of the trend in "trend hunter strategy"
When "the beginning of a new trend" with the opposite direction of the current trend is predicted, that's considered as the end of the trend in "trend hunter strategy".
In "trend hunter strategy", the last "take profit" point is usually placed at a price, which is predicted that the price can not easily pass through it. In other words, the last "take profit" in the current trend is usually the place that is thought to be the endpoint of the current trend. Therefore, as the price approaches the last "take profit", the possibility of the ending the current trend and beginning the reverse trend increases. But sometimes before reaching this point, there are signs of a possible return of price and beginning of a reverse trend.
In this case, the forecasting team monitors the price chart uninterrupted and more carefully and if there is an increase in the possibility of a reverse trend, releases a new forecast.
With the new forecast, we will manually close all of the open deals from the previous trend. Our open deals, in this case, includes the free deal (soft TP) and deals that have not yet reached their take profit (Hard TP).
In summary, every week, the "latest weekly forecasts" are reviewed by traders, and if the possibility of a new trend in the opposite direction to the current trend is announced, they will close all the previous transactions.
At 2013-11-09 when a Hammer was formed in the buy zone, we entered the market by seven orders with specified take-profit (Hard TP) and a free trade (Soft TP), all buy trades.
Five of them were closed until 2013-12-17 when price reached their take-profit with the total profit of 3,315 pips.
But at 2013-12-21, weekly forecast with probable beginning of downtrend was announced. In other words, there were no hope for continuation of previous trend and that trend might have been ended. So we closed 6th and 7th trades which their take-profit was not reached yet, and also free trade. These three trades generated a total profit of 3,369 pips too.
As seen in the picture, open trades, were closed at a very good time and price. Forecasted sell zone also prevented the price against more gains beautifully and finally forecasted downtrend began.
The guiding line of the end of the trend
In many forecasts, the green horizontal line is drawn on the price chart. The line, which is shown the most significant support in the uptrend and at the most significant resistance in the downtrend, suggests that the current trend continues as long as this green line is not broken. If this line fails, the prediction of continuing the current trend will no longer be valid and all open deals should be closed.
This line, both educationally and practically, is a great guide for users of weekly forecasts.