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ForecastCity
May 31, 2020 5:55 PM

Don't miss the great buy opportunity in XLMUSD Long

Stellar / US DollarBinance

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0706). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XLMUSD 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 62.

Take Profits:
TP1= @ 0.08913
TP2= @ 0.11565
TP3= @ 0.16416

SL= Break below S2
Comments
Forecast_Crypto
Resistance and Technical Analysis!
ForecastCity
@Forecast_Crypto, we hope you find them useful 👍
Pro_Trader_007
thanks
ForecastCity
@Pro_Trader_007, Got it 💎🙏💎
fxniki
I liked your idea for XLMUSD. I've learned many new thing just by following your ideas. 🥰🙏🥰🙏
ForecastCity
@fxniki, You're welcome!🙏 we're glad you enjoyed it.
DenizKilicDeniz
thanks
ForecastCity
@DenizKilicDeniz, You're welcome!🙏
sara-kian-fx
Upvoted. looks good to me.
ForecastCity
@sara-kian,🙏 we're glad you enjoyed it.
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