website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast TRON technical chart
Symbol TRXUSD

Download MT4 template file

Trade Setup
#TRXUSD
Total Profit: 10750 pip
Closed trade(s): 5835 pip Profit
Open trade(s): 4915 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.01682 based on 'Valley' entry method at 2020.06.03.

Closed Profit:
TP1 @ 0.02030 touched at 2020.08.01 with 348 pip Profit.
TP2 @ 0.02290 touched at 2020.08.13 with 608 pip Profit.
TP3 @ 0.02670 touched at 2020.08.16 with 988 pip Profit.
TP4 @ 0.03210 touched at 2020.08.18 with 1528 pip Profit.
TP5 @ 0.04045 touched at 2020.09.03 with 2363 pip Profit.
348 + 608 + 988 + 1528 + 2363 = 5835 pip

Open Profit:
Profit for one trade is 0.02665(current price) - 0.01682(open price) = 983 pip
5 trade(s) still open, therefore total profit for open trade(s) is 983 x 5 = 4915 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 0.02030 is broken, we will close open trades.
  • Price may also reach 0.02030, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to Trend Hunter Strategy, and depends on personal strategies.

DateOctober 26, 2020 - 15:53
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.02030, resumption of uptrend is expected.
  • We make sure when the resistance at 0.04515 breaks.
  • If the support at 0.02030 is broken, the short-term forecast -resumption of uptrend- will be invalid.
  • We will close our open trades, if the Midterm level 0.02030 is broken.

Technical analysis:

  • While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low.
  • A trough is formed in daily chart at 0.02400 on 10/02/2020, so more gains to resistance(s) 0.02670, 0.03210, 0.04045 and maximum to Major Resistance (0.04515) 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 50.

Take Profits:

  1. 0.02030
  2. 0.02290
  3. 0.02670
  4. 0.03210
  5. 0.04045
  6. 0.05570
  7. 0.06625
  8. 0.08120
  9. 0.10040
Click on the level to view price action history.

Symbol Released Current Forecast
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
TRON (TRXUSD) Sun, 10 Mar 2024
TRON (TRXUSD) Mon, 4 Mar 2024
TRON (TRXUSD) free Sun, 25 Feb 2024