Total Profit: 1023 pip
Closed trade(s): 223 pip Profit
Open trade(s): 800 pip Profit
We opened 10 SELL trade(s) @ 115.14 based on 'Two-day reversal candle( )' entry method at 2017.10.23.
TP1 @ 114.65 touched at 2017.10.26 with 49 pip Profit.
TP2 @ 113.40 touched at 2017.10.31 with 174 pip Profit.
49 + 174 = 223 pip
Profit for one trade is 115.14(open price) - 114.14(current price) = 100 pip
8 trade(s) still open, therefore total profit for open trade(s) is 100 x 8 = 800 -2.63% pip
There is possibility of temporary retracement to suggested (115.30 to 116.40), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (115.30)
.Ending of entry zone (116.40)
.A vale is formed in at 114.40 on Mon, 10/16/2017, so more gains to resistance(s) 114.65, 114.40 and maximum to (115.30 to 116.40) is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. ( ) is 40.
.Current short-term is range bound, but beginning of downtrend is expected.
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