Don't miss the great buy opportunity in GBPNZD

Sep 25, 2020

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9407). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.

Take Profits:
TP1= @ 1.9480
TP2= @ 1.9582
TP3= @ 1.9660
TP4= @ 1.9747
TP5= @ 1.9828

SL= Break below S2

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Sep 28, 2020

Trade active

1027 pips profit...
Total Profit: 1027
Closed trade(s): 501 Profit
Open trade(s): 526 Profit



Update Details:

Closed Profit:
TP1 @ 1.9480 touched at 09.27.2020 with 73 Profit.
TP2 @ 1.9582 touched at 09.28.2020 with 175 Profit.
TP3 @ 1.9660 touched at 09.28.2020 with 253 Profit.
73 + 175 + 253 = 501

Open Profit:
Profit for one trade is 1.9670(current price) - 1.9407(open price) = 263
2 trade(s) still open, therefore total profit for open trade(s) is 263 x 2 = 526
All SLs moved to Break-even point.

Take Profit:
TP4= @ 1.9747
TP5= @ 1.9828