New Trading suggestion: ". There is still a possibility of temporary retracement to suggested support line (71.35) again. if so, traders can set orders based on Price Action and expect to reach short-term targets."
SL= Break below 64.00 -------------------------------------------------------------------------------------------------- First Buy Current Status:
Total Profit: 136% Closed trade(s): 85% Profit Open trade(s): 51% Profit
Trade Setup: We opened 3 BUY trade(s) @ 48.84 based on 'previous Forecast' at 2020.06.15 :
Closed Profit: TP1 @ 64.00 touched at 2020.07.13 with 31% Profit. TP2 @ 75.60 touched at 2020.07.31 with 54% Profit. 31% + 54% = 85%
Open Profit: Open trade is 74.15(current price) - 48.84 (open price) = 51% 1 trade(s) still open, therefore total profit for open trade(s) is 51% x 1 = 51%
Technical analysis: . ZECUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46.
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