Total Profit: 1922075 pip Closed trade(s): 733235 pip Profit Open trade(s): 1188840 pip Profit
Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 2020.07.09 :
Closed Profit: TP1 @ 12.55810 touched at 2020.07.28 with 269456 pip Profit. TP2 @ 14.50133 touched at 2020.08.10 with 463779 pip Profit. 269456 + 463779 = 733235
Open Profit: Profit for one trade is 13.82634(current price) - 9.86354(open price) = 396280 pip 3 trade(s) still open, therefore total profit for open trade(s) is 396280 x 3 = 1188840 pip
Technical analysis: . NEOUSD 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 61.
New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (12.55810) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits: TP2= @ 14.50133 TP3= @ 16.87258 TP4= @ 20.61120 TP5= @ 24.30101
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