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ForecastCity
Jun 14, 2020 8:13 AM

Don't miss the great buy opportunity in XVGUSD Long

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00600). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. XVGUSD 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 73.

Take Profits:
TP1= @ 0.00830
TP2= @ 0.00960
TP3= @ 0.01120
TP4= @ 0.01660
TP5= @ 0.02040

SL= Break below S2

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Comments
Beingirfanshah
Would ya share your strategy and/or the indicators you put into consideration, ForecastCity?
ForecastCity
@irfanshah007, Thanks for your commen. 🙏 Please read about the trading strategies on forecastcity.com
KevinB1
Taking profit by moving the SL up at each section or exiting then re-entering at the retest
ForecastCity
@KevinB1, Thanks for your comment. 🙏 👍
Forecast_Crypto
Running Profit 😍😍😍😍😍😍
ForecastCity
@Forecast_Crypto, Great. we hope you enjoy it. 🙏 👍
Pro_Trader_007
The best analysis in FOREX WORLD.
ForecastCity
@Pro_Trader_007, Thanks 🙏 👍
Kristalyn
keep up the great work!
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