Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.2805). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD 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 55.
Take Profits:
TP1= @ 1.2870
TP2= @ 1.2930
TP3= @ 1.3005
TP4= @ 1.3062
TP5= @ 1.3145
SL= Break below S2
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ForecastCity English Support Team ❤️
. There is a possibility of temporary retracement to suggested support line (1.2805). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPUSD 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 55.
Take Profits:
TP1= @ 1.2870
TP2= @ 1.2930
TP3= @ 1.3005
TP4= @ 1.3062
TP5= @ 1.3145
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
액티브 트레이드:
864 pips profit...
Total Profit: 864
Closed trade(s): 390 Profit
Open trade(s): 474 Profit
Update Details:
Closed Profit:
TP1 @ 1.2870 touched at 09.30.2020 with 65 Profit.
TP2 @ 1.2930 touched at 09.30.2020 with 125 Profit.
TP3 @ 1.3005 touched at 10.06.2020 with 161 Profit.
65 + 125 + 200 = 390
Open Profit:
Profit for one trade is 1.3042(current price) - 1.2805(open price) = 237
2 trade(s) still open, therefore total profit for open trade(s) is 237 x 2 = 474
All SLs moved to Break-even point.
Take Profit:
TP4= @ 1.3062
TP5= @ 1.3145
Total Profit: 864
Closed trade(s): 390 Profit
Open trade(s): 474 Profit
Update Details:
Closed Profit:
TP1 @ 1.2870 touched at 09.30.2020 with 65 Profit.
TP2 @ 1.2930 touched at 09.30.2020 with 125 Profit.
TP3 @ 1.3005 touched at 10.06.2020 with 161 Profit.
65 + 125 + 200 = 390
Open Profit:
Profit for one trade is 1.3042(current price) - 1.2805(open price) = 237
2 trade(s) still open, therefore total profit for open trade(s) is 237 x 2 = 474
All SLs moved to Break-even point.
Take Profit:
TP4= @ 1.3062
TP5= @ 1.3145