Total Profit: 122387 pip Closed trade(s): 20387 pip Profit Open trade(s): 51000 pip Profit
Trade Setup: We opened 7 BUY trade(s) @ 805.00 based on 'previous Forecast' at 2020.07.06 :
Closed Profit: TP1 @ 837.90 touched at 2020.07.22 with 4059 pip Profit. TP2 @ 863.15 touched at 2020.07.21 with 6584 pip Profit. TP3 @ 894.75 touched at 2020.07.06 with 9744 pip Profit. 4059 + 6584 + 9744 = 20387
Open Profit: Profit for one trade is 907.00(current price) - 805.00(open price) = 10200 pip 4 trade(s) still open, therefore total profit for open trade(s) is 10200 x 4 = 51000 pip Break-Even 805.00
Technical analysis: . Platinum 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 70 .
Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (863.15) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
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