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ForecastCity
Jul 14, 2020 4:13 PM

Don't miss the great buy opportunity in QTUMUSD Long

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.97). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. QTUMUSD 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= @ 2.35
TP2= @ 2.70
TP3= @ 3.00
TP4= @ 3.65
TP5= @ 5.00

SL= Break below S2

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Comments
fxniki
I believe it's a great buy opportunity in QTUMUSD. Thank You for sharing it.🥰🥰
ForecastCity
@fxniki, Thanks for your comment. 🌹🙏🌹
Shiva_forex
This is such a complete analysis, I will keep an eye on this!
ForecastCity
@Shiva_forex, Thanks for your comment. We appreciate it.
Forecast_Crypto
perfect analysis!!
ForecastCity
@Forecast_Crypto, Thank you!
Best_Forecast
Absolutely amazing,

you guys are doing a great job,

thank you very much for your analysis!
ForecastCity
@Alexander_007, You're welcome! Thanks for your feedback!
Mehmetozdemi
I think I'm gonna trade this one, thank you for sharing this Amazing content.
ForecastCity
@Mehmetozdemi, You're welcome 💙 🍀 💙
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