Technical analysis: 0X/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. *There is possibility of temporary retracement to suggested support zone (0.435 to 0.260), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.435) Ending of entry zone (0.260)
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!)
ZRXUSD ,Weekly Update: TP3 hit with 2595200 profit in 22 days Trade Setup: We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle ( Valley ) at 04.03.2018 . Total Profit: 2595200 Closed trade(s): 980880 Profit Open trade(s): 1614320 Profit
Closed Profit: TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit. TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit. TP3 @ 1.178 touched at 04.24.2018 with 584960 Profit. 134960 + 260960 + 584960 = 980880
Open Profit: Profit for one trade is 0.996620(current price) - 0.593040(open price) = 403580 4 trade(s) still open, therefore total profit for open trade(s) is 403580 x 4 = 1614320 All SLs moved to Break-even point.
Technical analysis: 0x/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. Relative strength index ( RSI ) is 62.
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ZRXUSD ,Weekly Update: TP4 hit with 4762840 profit in 30 days... Trade Setup: We opened 7 BUY trade(s) @ 0.593040(day close price) based on reversal candle ( Valley ) at 04.03.2018 . Total Profit: 4762840 Closed trade(s): 1822840 Profit Open trade(s): 2940000 Profit
Closed Profit: TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit. TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit. TP3 @ 1.178 touched at 04.24.2018 with 584960 Profit. TP4 @ 1.435 touched at 05.03.2018 with 841960 Profit. 134960 + 260960 + 584960 + 841960 = 1822840
Open Profit: Profit for one trade is 1.573040(current price) - 0.593040(open price) = 980000 3 trade(s) still open, therefore total profit for open trade(s) is 980000 x 3 = 2940000 All SLs moved to Break-even point.
Take Profits: TP5= @ 2.060 TP6= @ 2.529 TP7=Free
Technical analysis: 0x/Dollar is in an up trend and continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. Relative strength index ( RSI ) is 73.