💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetwork

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (138.55).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EGLDUSD 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 55.

Take Profits:
TP1= @ 156.71
TP2= @ 168.18
TP3= @ 183.35
TP4= @ 206.16
TP5= @ 222.26

SL= Break below S2

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Zlecenie aktywne:

153.7% profit...
Total Profit: 153.7%
Closed trade(s): 113.8% Profit
Open trade(s): 39.90% Profit

Update Details:

Closed Profit:
TP1 @ 156.71 touched at 03.15.2022 with 12.8% Profit.
TP2 @ 168.18 touched at 03.16.2022 with 21% Profit.
TP3 @ 183.35 touched at 03.22.2022 with 32% Profit.
TP4 @ 206.16 touched at 03.28.2022 with 48% Profit.

12.8% + 21% + 32% + 48% = 113.8%

Open Profit:
Profit for one trade is 194.85(current price) - 139 (open price) = 39.90%
1trade(s) still open, therefore total profit for open trade(s) is 39.90% x 1= 39.90%
All SLs moved to Break-even point.

Take Profit:

TP5= @ 222.26