💡Don't miss the great buy opportunity in TRACUSD @origin_trail
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.18842587).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. TRACUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.
Take Profits:
TP1= @ 0.22233765
TP2= @ 0.24507850
TP3= @ 0.25944114
TP4= @ 0.28947575
TP5= @ 0.34242528
SL= Break below S2
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Total Profit: 164.5%
Closed trade(s): 99.74% Profit
Open trade(s): 64.76% Profit
Update Details:
Closed Profit:
TP1= @ 0.22233765 touched at 07.16.2022 with 22.67% Profit.
TP2= @ 0.24507850 touched at 07.16.2022 with 34.54% Profit.
TP3= @ 0.25944114 touched at 07.20.2022 with 42.53% Profit.
22.67% + 34.54% + 42.53% = 99.74%
Open Profit:
Profit for one trade is 0.24130000(current price) - 0.181720000(open price) = 32.38%
3 trade(s) still open, therefore total profit for open trade(s) is 32.38%x 2 = 64.76%
All SLs moved to Break-even point.
Take Profit:
TP4= @ 0.28947575
TP5= @ 0.34242528