Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3463). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . EURCAD 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 71.
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Operación activa
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618.4 pips profit... Total Profit: 618.4 Closed trade(s): 310.4 Profit Open trade(s): 308 Profit
Update Details:
Closed Profit: TP1 @ 1.3548 touched at 05.19.2022 with 61.4 Profit. TP2 @ 1.3588 touched at 05.19.2022 with 100 Profit. TP3 @ 1.3637 touched at 05.23.2022 with 149 Profit.
61.4 + 100 + 149 = 310.4
Open Profit: Profit for one trade is 1.3645(current price) - 1.3486 (open price) = 154 2 trade(s) still open, therefore total profit for open trade(s) is 154 x 2 = 308 All SLs moved to Break-even point.