New Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (3.50) again. if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits: TP5= @ 5.00 TP6= @ 6.02 New TP7= @ 7.30 New TP8= @ 9.20 New
SL= Break below 3.00 -------------------------------------------------------------------------------------------------- First Buy Current Status:
Total Profit: 346% Closed trade(s): 346% Profit Open trade(s): 0% Profit
Trade Setup: We opened 5 BUY trade(s) @ 1.97 based on 'previous Forecast' at 2020.07.28 :
Closed Profit: TP1 @ 2.35 touched at 2020.07.29 with 19% Profit. TP2 @ 2.70 touched at 2020.08.01 with 37% Profit. TP3 @ 3.00 touched at 2020.08.10 with 52% Profit. TP4 @ 3.65 touched at 2020.08.17 with 85% Profit. TP5 @ 5.00 touched at 2020.08.21 with 153% Profit. 19% + 37% + 52% + 85% + 153% = 346%
Technical analysis: . QTUMUSD 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 62.
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