ForecastCity_ME

💡Don't miss the great buy opportunity in ADAUSD

Long
BINANCE:ADAUSDT   Cardano / TetherUS
". There is a possibility of temporary retracement to suggested support line (1.5369).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. ADAUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.

Take Profits:
TP1= @ 1.6900
TP2= @ 1.7900
TP3= @ 1.9900
TP4= @ 2.1600
TP5= @ 2.3900

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active: 77.16% profit...


Total Profit: 77.16%

Closed trade(s): 26.64% Profit

Open trade(s): 50.52% Profit



Update Details:

Closed Profit:
TP1 @ 1.69 touched at 05.07.2021 with 10.05% Profit.
TP2 @ 1.79 touched at 05.09.2021 with 16.59% Profit.

10.05% + 16.59% = 26.64%


Open Profit:
Profit for one trade is 1.79 (current price) - 1.53 (open price) = 16.84%
3 trade(s) still open, therefore total profit for open trade(s) is 16.84% % x 3 = 50.52%
All SLs moved to Break-even point.

Take Profit:

TP3= @ 1.99
TP4= @ 2.16
TP5= @ 2.39
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Comments

This is great.
+1 Reply
what stoploss S2 means
Reply
Yes please very helpful it give us new traders a heads up
Reply
Thanks. This is helpful.
Reply
Thank you so much.
Reply
I agree with you.
Reply
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