Technical analysis: . NEO/ETHEREUM is in a downtrend and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0603 to 0.0550). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0603) Ending of entry zone (0.0550)
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 the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0660 TP2= @ 0.0738 TP3= @ 0.0807 TP4= @ 0.0876 TP5= @ 0.0968 TP6= @ 0.1096 TP7= @ 0.1226 TP8= @ 0.1645 TP9= Free
액티브 트레이드
Weekly update: TP2 hit with 34380 profit ...
Trading suggestion: There is still a possibility of temporary retracement to suggested support zone (0.0603 to 0.0550). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0603) Ending of entry zone (0.0550)
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 the special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup: We opened 9 BUY trade(s) @ 0.064232 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 34380 pip Closed trade(s): 11336 pip Profit Open trade(s): 23044 pip Profit
Closed Profit: TP1 @ 0.0660 touched at 08.27.2018 with 1768 Profit. TP2 @ 0.0738 touched at 08.28.2018 with 9568 Profit. 1768 + 9568 = 11336
Open Profit: Profit for one trade is 0.067524 (current price) - 0.064232 (open price) = 3292 pip 7 trade(s) still open, therefore total profit for open trade(s) is 3292 x 7 = 23044 pip
Trade Setup: We opened 9 BUY trade(s) @ 0.064232 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 158887 pip Closed trade(s): 51172 Profit Open trade(s): 107715 Profit
Closed Profit: TP1 @ 0.0660 touched at 08.27.2018 with 1768 Profit. TP2 @ 0.0738 touched at 08.28.2018 with 9568 Profit. TP3 @ 0.0807 touched at 09.02.2018 with 16468 Profit. TP4 @ 0.0876 touched at 09.03.2018 with 23368 Profit. 1768 + 9568 + 16468 + 23368 = 51172
Open Profit: Profit for one trade is 0.085775 (current price) - 0.064232 (open price) = 21543 pip 5 trade(s) still open, therefore total profit for open trade(s) is 21543 x 5 = 107715 pip All SLs moved to Break-even point.
Trade Setup: We opened 9 BUY trade(s) @ 0.064232 based on '2-Day Hammer' entry method at 08.23.2018.
Total Profit: 214656 pip Closed trade(s): 83740 Profit Open trade(s): 130916 Profit
Closed Profit: TP1 @ 0.0660 touched at 08.27.2018 with 1768 Profit. TP2 @ 0.0738 touched at 08.28.2018 with 9568 Profit. TP3 @ 0.0807 touched at 09.02.2018 with 16468 Profit. TP4 @ 0.0876 touched at 09.03.2018 with 23368 Profit. TP5 @ 0.0968 touched at 09.10.2018 with 32568 Profit. 1768 + 9568 + 16468 + 23368 + 32568 = 83740
Open Profit: Profit for one trade is 0.096961 (current price) - 0.064232 (open price) = 32729 pip 4 trade(s) still open, therefore total profit for open trade(s) is 32729 x 4 = 130916 pip All SLs moved to Break-even point.