ForecastCity
Long

A trading opportunity to buy in XEMBNB

BINANCE:XEMBNB   NEM / Binance Coin
Technical analysis:
. NEM/BINANCECOIN 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.

Trade Setup:
. We opened 9 BUY trade(s) @ 0.01155 (day close price) based on a reversal candle ( Hammer ) at 11.18.2018

Beginning of entry zone (0.01070)
Ending of entry zone (0.00930)

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= @ 0.01320
TP2= @ 0.01410
TP3= @ 0.01600
TP4= @ 0.01750
TP5= @ 0.02030
TP6= @ 0.02310
TP7= @ 0.02700
TP8= @ 0.03200
TP9= Free
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