DGBUSD , weekly update:Total profit 6764220 in 27 days.!

POLONIEX:DGBUSD   DigiByte / Dollar (calculated by TradingView)
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.023 to 0.011), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.023)
Ending of entry zone (0.011)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:

Trade Setup:
We opened 8 BUY trade(s) @ 0.02017274(day close price) based on the reversal candle ( Hammer ) at 03.18.2018.

Total Profit: 6764220
Closed trade(s): 1082726 Profit
Open trade(s): 5681494 Profit

Closed Profit:
TP1 @ 0.031 touched at 04.13.2018 with 1082726 Profit.

Open Profit:
Profit for one trade is 0.02828916(current price) -0.02017274(open price) = 811642
7 trade(s) still open, therefore total profit for open trade(s) is 811642 x 7 = 5681494
All SLs             moved to Break-even point.

Take Profits:
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free

Technical analysis:
DigiByte/Dollar is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 64.
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Be a Better Trader!
I like your Ideas very easy to understand!

Thanks for sharing!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks to feedback
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