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L3gOnD
May 2, 2018 12:12 AM

RPX Long

Description

There are two main boxes price has interacted with as Support and Resistances on this chart. The chart is pretty simple. Price has gotten above the bottom trading ranges for the first time and is now retesting it as support and this is also exactly where the 12H Kijun sits. If you zoom in to the 1H timeframe the Bollinger Bands are exceptionally tight. I expect volatility to come and the Risk Reward is much in the favor of being long RPX right now.
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