New Trading suggestion: . There is still a possibility of temporary retracement to suggested support lines ( 15.55 & 16.87258 ) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Total Profit: 297% Closed trade(s): 145% Profit Open trade(s): 152% Profit
Trade Setup: We opened 5 BUY trade(s) @ 9.86354 based on 'previous Forecast' at 2020.07.09 :
Closed Profit: TP1 @ 12.55810 touched at 2020.07.28 with 27% Profit. TP2 @ 14.50133 touched at 2020.08.10 with 47% Profit. TP3 @ 16.87258 touched at 2020.08.17 with 71% Profit. 27% + 47% + 71% = 145%
Open Profit: Open trade is 17.37354 (current price) - 9.86354 (open price) = 76% 2 trade(s) still open, therefore total profit for open trade(s) is 76% x 2 = 152%
Technical analysis: . NEOUSD is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70.
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