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ForecastCity
Jul 20, 2020 4:43 PM

Don't miss the great buy opportunity in EDOBTC Long

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000085). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EDOBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.000110
TP2= @ 0.000135
TP3= @ 0.000165
TP4= @ 0.000179
TP5= @ 0.000218

SL= Break below S2

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Comments
Mehmetozdemi
Nice idea
ForecastCity
@Mehmetozdemi, Thanks!
Shiva_forex
Very nice analysis man, looks very clean!
ForecastCity
@Shiva_forex, Thank you!
fxniki
I agree with your idea. It's a unique EDOBTC forecast. Also, choosing a trading strategy that covers both directions is such a vise. And about the targets, I just can say, Good Choice. 👍
ForecastCity
@fxniki, 🍀🙏 🍀🙏
sara-kian-fx
Impressive and excellent
ForecastCity
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