moon333

XLMUSD has formed a bullish BAT | Upto 596% possibility

Long
KRAKEN:XLMUSD   XLM / USD
Priceline of XLM / US Dollar has formed a bullish BAT pattern and entered in potential reversal zone and ready to hit the sell targets soon insha Allah.
But the volume profile is still showing the traders interest below the PRZ area even the POC of volume profile is also below the potential reversal zone, therefore I would suggest for secure trade we can wait for stochastic to give bull cross and for the MACD to turn weak bearish from strong bearish atleast upto 2 week chart and also use the potential reversal zone as stop loss (In case the candle stick will be completely closed below the potential reversal zone).
I have used Fibonacci sequence to set the targets:

Buy between: 0.110241 to 0.059381

Sell between: 0.231517 to 0.413568

Enjoy your profits and Regards,
Atif Akbar (moon333)

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Comments

Am still holding waiting for this sell target to happen in Shaa Allah
Reply
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