WALTONCHAIN/DOLLAR is in a down trend and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 36.
Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *Price is in the Buy Zone (10.89 to 08.47), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (10.89)
Ending of entry zone (08.47)
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: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Weekly Update: TP1 hit with 34255803 profit in 26 days Walton/Dollar Trading suggestion: *The price is in a range bound, but we forecast the uptrend would resume. *There is still possibility of temporary retracement to suggested support zone (10.89 to 08.47), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (10.89) Ending of entry zone (08.47)
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 "Valley", 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 6 BUY trade(s) @ 9.964197(day close price) based on the reversal candle (2-Day Hammer ) at 04.02.2018. Total Profit: 34255803 Closed trade(s): 5035803 Profit Open trade(s): 29220000 Profit
Closed Profit: TP1 @ 15.00 touched at 04.24.2018 with 5035803 Profit.
Open Profit: Profit for one trade is 15.808197(current price) - 9.964197(open price) = 5844000 5 trade(s) still open, therefore total profit for open trade(s) is 5844000 x 5 = 29220000 All SLs moved to Break-even point.
Technical analysis: Walton/Dollar is in a range bound and resumption of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 64.
Trade active
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Weekly Update: TP2 hit with 27469578 profit in 43 days Walton/Dollar Trading suggestion: *The price is in a range bound, but we forecast the uptrend would resume. *There is still a possibility of temporary retracement to suggested support zone (10.89 to 08.47). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (10.89) Ending of entry zone (08.47)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", 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 6 BUY trade(s) @ 9.964197(day close price) based on the reversal candle (2-Day Hammer ) at 04.02.2018. Total Profit: 27469578 Closed trade(s): 13971606 13Profit Open trade(s): 13497972 Profit
Closed Profit: TP1 @ 15.00 touched at 04.24.2018 with 5035803 Profit. TP2 @ 18.90 touched at 05.04.2018 with 8935803 Profit. 5035803 + 8935803 = 13971606
Open Profit: Profit for one trade is 13.338690(current price) - 9.964197(open price) = 3374493 4 trade(s) still open, therefore total profit for open trade(s) is 3374493 x 4 = 13497972 All SLs moved to Break-even point.
Technical analysis: Walton/Dollar is in a range bound and resumption of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 46.