Don't miss the great buy opportunity in NZDCHF

19 de ago. de 2020

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5965). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.

Take Profits:
TP1= @ 0.6045
TP2= @ 0.6090
TP3= @ 0.6165
TP4= @ 0.6222
TP5= @ 0.6295

SL= Break below S2

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4 de set. de 2020

Trade ativo

745 pips profit...
Total Profit: 745
Closed trade(s): 405 Profit
Open trade(s): 340 Profit



Update Details:

Closed Profit:
TP1 @ 0.6045 touched at 08.28.2020 with 80 Profit.
TP2 @ 0.6090 touched at 08.28.2020 with 125 Profit.
TP3 @ 0.6165 touched at 09.02.2020 with 200 Profit.
80 + 125 + 200 = 405

Open Profit:
Profit for one trade is 0.6135(current price) - 0.5965(open price) = 170
2 trade(s) still open, therefore total profit for open trade(s) is 170 x 2 = 340
All SLs moved to Break-even point.

Take Profit:
TP4= @ 0.6222
TP5= @ 0.6295