New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (100.50) again. if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits: TP5= @ 120.95 TP6= @ 137.95 TP7= @ 168.70 TP8= @ 230.10 TP9= @ 298.90 TP10= Free
Total Profit: 573% Closed trade(s): 138% Profit Open trade(s): 435% Profit
Trade Setup: We opened 10 BUY trade(s) @ 68.20 based on 'previous Forecast' at 07.09.2020:
Closed Profit: TP3 @ 82.15 touched at 28.07.2020 with 20% Profit. TP4 @ 96.50 touched at 06.08.2020 with 41% Profit. TP5 @ 120.95 touched at 11.10.2020 with 77% Profit. 20% + 41% + 77% = 138%
Open Profit: Open trade is 128.10(current price) - 68.20(open price) = 87% 5 trade(s) still open, therefore total profit for open trade(s) is 87% x 5 = 435%
Technical analysis: . XMRUSD 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 58.
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