0XUSD ,TP2 hit with 2505420 profit. New Buy Opportunity…
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support line (0.728), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to “Buy zone” then forms one of the reversal patterns, whether “Hammer” or “Trough”, in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about “Entry signal” and special version of our “Price Action” strategy FOLLOW our lessons:
Total Profit: 2505420
Closed trade(s): 395920 Profit
Open trade(s): 2109500 Profit
TP1 @ 0.728 touched at 04.05.2018 with 134960 Profit.
TP2 @ 0.854 touched at 04.17.2018 with 260960 Profit.
134960 + 260960 = 395920
Profit for one trade is 1.014940(current price) – 0.593040(open price) = 421900
5 trade(s) still open, therefore total profit for open trade(s) is 421900 x 5 = 2109500
All SLs moved to Break-even point.
TP3= @ 1.178
TP4= @ 1.435
TP5= @ 2.060
TP6= @ 2.529