WALTON/ETHEREUM Total Profit: 12367 Profit Closed trade(s): 1291 Profit Open trade(s): 11076 Profit
Trade Setup: We opened 5 BUY trade(s) @ 0.026009 (day close price) based on 2-day reversal candle ( 2-day Hammer ) at 04.02.2018 . Closed Profit: TP1 @ 0.0273 touched at 04.03.2018 with 1291 Profit.
Open Profit: Profit for one trade is 0.028778(current price) -0.026009(open price) = 2769 4 trade(s) still open, therefore total profit for open trade(s) is 2769 x 4 = 11076
Trading suggestion: There is possibility of temporary retracement to suggested support zone (0.0244to 0.0207), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: .Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. .Relative strength index ( RSI ) is 57. .Current short-term is range bound and beginning of uptrend is expected. .All SLs moved to Break-even point.
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