ForecastCity_Turkce_TR
Long

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

BITFINEX:XRPUSD   XRP / U.S. Dollar
Technical analysis:
. Ripple/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 75.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.28000to 0.24000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.28000)
Ending of entry zone (0.24000)

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= @ 0.33000
TP2= @ 0.38000
TP3= @ 0.42415
TP4= @ 0.48000
TP5= @ 0.57000
TP6= @ 0.70580
TP7= @ 0.79100
TP8= @ 0.96000
TP9= @ 1.41000
TP10= Free
http://www.ForecastCity.com/tr

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out