ForecastCity
Long

There is a trading opportunity to buy in REPBNB

BINANCE:REPBNB   Augur / BNB
Technical analysis:
. AUGUR/BINANCECOIN 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 40.
. The price downtrend in the daily chart and the RSI downtrend are broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.313 to 1.164). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (1.313)
Ending of entry zone (1.164)

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= @ 1.460
TP2= @ 1.600
TP3= @ 1.760
TP4= @ 1.900
TP5= @ 2.130
TP6= @ 2.375
TP7= @ 2.715
TP8= @ 3.150
TP9= Free
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Thank you for your idea. nice explanations!
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@fxniki, we are so happy to have such a supportive followers. thanks for your kind words.
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