ForecastCity
Long

A trading opportunity to buy in VIBEETH

BINANCE:VIBEETH   VIBE / Ethereum
Technical analysis:
. VIBE/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0002430 to 0.0001800). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0002430)
Ending of entry zone (0.0001800)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.0003190
TP2= @ 0.0004100
TP3= @ 0.0005130
TP4= @ 0.0006050
TP5= @ 0.0007630
TP6= @ 0.0009210
TP7= @ 0.0011460
TP8= @ 0.0014340
TP9= Free
Trade active: Weekly update: TP1 hit with 4751 pip profit ...


Trade Setup:
We opened 9 BUY trade(s) @ 0.0002615 based on 'Hammer' entry method at 02.24.2019.


Total Profit: 4751 pip
Closed trade(s): 575 Profit
Open trade(s): 4176 Profit

Closed Profit:
TP1 @ 0.0003190 touched at 03.10.2019 with 575 Profit.

Open Profit:
Profit for one trade is 0.0003137 (current price) - 0.0002615 (open price) = 522
8 trade(s) still open, therefore total profit for open trade(s) is 522 x 8 = 4176
All SLs moved to Break-even point.

Take Profit:
TP2= @ 0.0004100
TP3= @ 0.0005130
TP4= @ 0.0006050
TP5= @ 0.0007630
TP6= @ 0.0009210
TP7= @ 0.0011460
TP8= @ 0.0014340
TP9= Free
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