New trading suggestion: There is possibility of temporary retracement to suggested resistance line (110.30), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Midterm forecast: While the level 110.30 is not broken, the Midterm wave will be downtrend. Price may also reach 110.30, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies. We will close our open trades, if the Midterm level 110.30 is broken.
Trade Setup: We opened 9 SELL trade(s) @ 115.75 (day close price) based on 'Two-day reversal candle ( 2-day Shooting Star )' at 02.09.2018 signaled by our "Daily Trading Opportunity". Total Profit: 5240pip Closed trade(s): 1130 pip Profit Open trade(s): 4110 pip Profit
Closed Profit: TP1 @ 113.40 touched at 02.28.2018 with 235 pip Profit. TP2 @ 112.25 touched at 03.07.2018 with 350 pip Profit. TP3 @ 110.30 touched at 04.20.2018 with 545 pip Profit. 235 + 350 + 545 = 1130
Open Profit: Profit for one trade is 115.75(open price) - 108.90(current price) = 685 pip 6 trade(s) still open, therefore total profit for open trade(s) is 685 x 6 = 4110 pip
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