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InvestingScope
Aug 6, 2018 11:25 AM

Rectangle on 1D. Neutral. Sideways scalp action. 

Binance Coin / US DollarBinance

Description

BNBUSD is trading on recurring patterns and at the moment is on a 1D Rectangle (neutral RSI, STOCH, STOCHRSI, ADX, CCI, Highs/Lows) as seen on the chart. We are taking scalp action between the support and resistance and once it approaches the orange trend line we will go long, TP = 17.000. 1W is also neutral (RSI = 54.893, CCI = -41.1595, Highs/Lows = 0.000) ensuring a long term sideways action.
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