Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.303). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . USDCAD 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.
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338 pips profit... Total Profit: 338 Closed trade(s): 119 Profit Open trade(s): 219 Profit
Update Details:
Closed Profit: TP1 @ 1.3095 touched at 11.12.2020 with 33 Profit. TP2 @ 1.3148 touched at 11.13.2020 with 86 Profit. 33 + 86 = 119
Open Profit: Profit for one trade is 1.3135 (current price) - 1.3062 (open price) = 73 3 trade(s) still open, therefore total profit for open trade(s) is 73 x 3 = 219 All SLs moved to Break-even point.