Trade Setup summary:
Profit targets=1250 pip (85 + 135 + 240 + 350 + 440)
Stop Loss =350 pip
Reward/Risk > 3.5 : 1
Current Status:
Total Profit: 140 pip
Closed trade(s): 0 pip Profit
Open trade(s): 140 pip Profit
Trade Setup:
We opened 5 BUY trade(s) @ 119.8 based on 'previous Forecast' at 2020.06.20 :
Open Profit:
Profit for one trade is 120.18...
Note: This is for educational purpose only.
There seems to be a formation of wedge pattern in USDINR forex pair. RSI below 50 shows loss in momentum. Need to wait unless the channel is broken.
Dear traders,
Wish you all for more successful trading days,
Pound against dollar pair has closed in a lower price mark than the previous week, makes this pair to looking for a bearish week . expected to retrace the 1.24500 mark before going down.. If it breaks above the level of 1.2500 , then it may go bullish .. lets watch how GBPUSD starts july
Note- Price...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3645). 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.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6835). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD 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.
....
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (42.80). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Brent is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6125). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
The counter was in a range bound from 21st May. Today the counter broke out the accumulation phase and it is expected to move upwards, so long is more preferable for the counter. The bullish trend expected to continue until this weekend.
While placing the order, kindly add your stop loss at the price 1704.13. Since the counter is in the peak value we cannot...
