*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line (0.031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
*If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.031).
Signal to enter the market occurs when the price comes to "Support line" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Price is aboveWEMA21, if price rises more, this line can act as a dynamic support.
( ) is 63.
TP4= @ 0.068
TP5= @ 0.090
TP6= @ 0.110
TP7= @ 0.136
We opened 8 BUY trade(s) @ 0.01985817 (day close price) based on a reversal candle ( ) at 06.24.2018 in our previous suggested .
Total Profit: 17803464 pip
Closed trade(s): 5742549 pip Profit
Open trade(s): 12060915 pip Profit
TP1 @ 0.031 touched at 07.03.2018 with 1114183 Profit.
TP2 @ 0.037 touched at 07.07.2018 with 1714183 Profit.
TP3 @ 0.049 touched at 07.20.2018 with 2027 Profit.
1114183 + 1714183 + 2914183 = 5742549
Profit for one trade is 0.04398000(current price) - 0.01985817(open price) = 2412183 pip
5 trade(s) still open, therefore total profit for open trade(s) is 2412183 x 5 = 12060915 pip