Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.06467). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . EURCHF 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 68.
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669 pips profit...
Total Profit: 669 Closed trade(s): 502 Profit Open trade(s): 167 Profit
Update Details:
Closed Profit: TP1 @ 1.06974 touched at 07.14.2020 with 47 Profit. TP2 @ 1.07579 touched at 07.15.2020 with 108 Profit. TP3 @ 1.08113 touched at 07.27.2020 with 161 Profit. TP4 @ 1.08360 touched at 07.27.2020 with 186 Profit. 47 + 108 + 161 + 186 = 502
Open Profit: Profit for one trade is 1.0817(current price) - 1.0650(open price) = 167 1 trade(s) still open, therefore total profit for open trade(s) is 167 x 1 = 167 All SLs moved to Break-even point.