New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (23.0500) again. if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits: TP6= @ 26.74600 (New) TP7= @ 31.80547 (New) TP8= @ 37.11919 (New) TP9= @ 43.73804 (New)
Total Profit: 485% Closed trade(s): 399% + 86% = 485% Profit Open trade(s): 0% Profit
First Buy Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 27.07.2020:
Second Buy Trade Setup: We opened 2 BUY trade(s) @ 15.65555 based on 'previous Forecast' at 09.07.2020:
First Buy Closed Profit: TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit. TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit. TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit. TP4 @ 20.61120 touched at 2020.08.24 with 108% Profit. TP5 @ 24.30101 touched at 2020.09.17 with 146% Profit. 27% + 47% + 71% + 108% + 146% = 399%
Second Buy Closed Profit: TP4 @ 20.61120 touched at 2020.09.12 with 31% Profit. TP5 @ 24.30101 touched at 2020.09.17 with 55% Profit. 31% + 55% = 86%
Technical analysis: . NEOUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 67.
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