Total Profit: 424 pip Closed trade(s): 72 pip Profit Open trade(s): 352 pip Profit
Trade Setup: We opened 5 BUY trade(s) @ 0.6583 based on 'previous Forecast' at 2020.07.15 :
Closed Profit: TP1 @ 0.6655 touched at 2020.07.21 with 72 pip Profit.
Open Profit: Profit for one trade is 0.6671 (current price) - 0.6583(open price) = 88 pip 4 trade(s) still open, therefore total profit for open trade(s) is 88 x 4 = 352 pip Break Even 0.658
Technical analysis: . AUDCHF is in a range bound 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 72.
Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (0.658) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
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