BITFINEX:NEOUSD   NEO / U.S. Dollar
Take a short scenic route to some profits.

Why a long trade?

Higher lows developed.
Price has been away from the 50 sma for awhile.
Macd has crossed above the red signal line.
Watch pullback back to between 38.2% and 61.8% fibs then long.

Take Profit at the 50 sma . Confluence with 127.2% fib line.

Tell us how you would trade this pair!
Comment: 15m chart price did have a pull back and now is in a bullish continuation move to the 1H 50 sma level.
Comment: 15m chart price hit 1H 50 sma target price.

Comments

Hi. So should we sell or hold NEO?
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@a9617, I am considering a buy after a bearish pullback.
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Wonderful prediction!
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@asdfghghj, Thanks. Visit our website. We have a ton of free training material. We would like your opinion if you find it valuable or not and what things you would like us to add to our site.
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