ForecastCity
Long

There is a possibility for the beginning of an uptrend in REPBNB

BINANCE:REPBNB   Augur / Binance Coin
Technical analysis:
. AUGUR/BITCOIN 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 58.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.380 to 1.200). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (1.380)
Ending of entry zone (1.200)

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= @ 1.515
TP2= @ 1.620
TP3= @ 1.910
TP4= @ 2.145
TP5= @ 2.385
TP6= @ 2.720
TP7= @ 3.150
TP8= Free
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