ForecastCity_EU

There is a trading opportunity to buy in TRXUSD

Long
BITFINEX:TRXUSD   TRON / Dollar
Technical analysis:
. Tron/ US Dollar 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 47.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0155 to 0.0123). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0155)
Ending of entry zone (0.0123)

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 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= @ 0.0180
TP2= @ 0.0220
TP3= @ 0.0275
TP4= @ 0.0322
TP5= @ 0.0400
TP6= @ 0.0452
TP7= @ 0.0557
TP8= @ 0.0663
TP9= @ 0.0813
TP10= @ 0.10041
TP11= Free
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