Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.9395). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . GBPNZD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38.
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440 pips profit... Total Profit: 440 Closed trade(s): 140 Profit Open trade(s): 300 Profit
Update Details:
Closed Profit: TP1 @ 1.9255 touched at 11.09.2020 with 140 Profit.
Open Profit: Profit for one trade is 1.9295(current price) - 1.9395(open price) = 100 3 trade(s) still open, therefore total profit for open trade(s) is 100 x 3 = 300 All SLs moved to Break-even point.