Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.19). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . GBPCHF 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 41.
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353 pips profit...
Total Profit: 353 Closed trade(s): 53 Profit Open trade(s): 300 Profit
Update Details:
Closed Profit: TP1 @ 1.1953 touched at 08.25.2020 with 53 Profit.
Open Profit: Profit for one trade is 1.1975(current price) - 1.1900(open price) = 75 4 trade(s) still open, therefore total profit for open trade(s) is 75 x 4 = 300 All SLs moved to Break-even point.