Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.02468).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOSTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70
Take Profits:
TP1= @ 0.02652
TP2= @ 0.02786
TP3= @ 0.03055
TP4= @ 0.03248
TP5= @ 0.03498
SL= Break below S2
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Trade closed: target reached:
94.53% profit...
Total Profit: 94.53%
Closed trade(s): 94.53%Profit
Update Details:
Closed Profit:
TP1 @ 0.02652 touched at 03.24.2022 with 3.50% Profit.
TP2 @ 0.02786 touched at 03.26.2022 with 8.60% Profit.
TP3 @ 0.03055 touched at 03.26.2022 with 19.14% Profit.
TP4 @ 0.03248 touched at 03.26.2022 with 26.79% Profit.
TP5 @ 0.03498 touched at 03.27.2022 with 36.50% Profit.
3.50% + 8.60% + 19.14% + 26.79% + 36.50% = 94.53%
Total Profit: 94.53%
Closed trade(s): 94.53%Profit
Update Details:
Closed Profit:
TP1 @ 0.02652 touched at 03.24.2022 with 3.50% Profit.
TP2 @ 0.02786 touched at 03.26.2022 with 8.60% Profit.
TP3 @ 0.03055 touched at 03.26.2022 with 19.14% Profit.
TP4 @ 0.03248 touched at 03.26.2022 with 26.79% Profit.
TP5 @ 0.03498 touched at 03.27.2022 with 36.50% Profit.
3.50% + 8.60% + 19.14% + 26.79% + 36.50% = 94.53%