Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.883). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . USDCHF 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 60.
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33 pips profit... Total Profit: 33 Closed trade(s): 11 Profit Open trade(s): 22 Profit
Update Details:
Closed Profit: TP1 @ 0.8865 touched at 01.08.2021 with 25 Profit.
Open Profit: Profit for one trade is 0.8851(current price) - 0.8840(open price) = 11 2 trade(s) still open, therefore total profit for open trade(s) is 11 x 2 = 22 All SLs moved to Break-even point.