There is a trading opportunity to buy in REPUSD

Тема в разделе "English", создана пользователем Trading Ideas, 4 окт 2019.

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    There is a trading opportunity to buy in REPUSD
    Augur / US Dollar (calculated by TradingView) POLONIEX:REPUSD
    ForecastCity
    j1NkYEWb_mid.png
    Technical analysis:
    . Augur/Dollar 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 34.
    . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.

    Trading suggestion:
    . There is a possibility of temporary retracement to suggested support zone (7.70000000 to 5.50000000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

    Beginning of entry zone (7.70000000)
    Ending of entry zone (5.50000000)

    Entry signal:
    Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
    idea-image-placeholder.svg

    Take Profits:
    TP1= @ 10.00000000
    TP2= @ 12.00000000
    TP3= @ 14.00000000
    TP4= @ 16.00000000
    TP5= @ 19.00000000
    TP6= @ 23.00000000
    TP7= @ 27.50000000
    TP8= @ 32.50000000
    TP9= @ 49.00000000
    TP10= @ 76.00000
    TP11= Free
     
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