Total Profit: 177537 pip Closed trade(s): 100337 pip Profit Open trade(s): 77200 pip Profit
Trade Setup: We opened 5 BUY trade(s) @ 11367.21 based on 'previous Forecast' at 2020.07.31 :
Closed Profit: TP1 @ 11420.0 touched at 2020.08.01 with 5279 pip Profit. TP2 @ 11700.0 touched at 2020.08.01 with 33279 pip Profit. TP3 @ 11985.0 touched at 2020.08.01 with 61779 pip Profit. 5279 + 33279 + 61779 = 100337
Open Profit: Profit for one trade is 1153.21(current price) - 11367.21(open price) = 38600 pip 2 trade(s) still open, therefore total profit for open trade(s) is 38600 x 2 = 77200 pip
Technical analysis: . BTCUSD 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 64.
New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (11420.0) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits: TP2= @ 11700.0 TP3= @ 11985.0 TP4= @ 12334.0 TP5= @ 13070.0
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