💡Don't miss the great buy opportunity in QTUMUSD @qtum
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.38).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. QTUMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 26.45
TP2= @ 28.51
TP3= @ 30.28
TP4= @ 32.73
TP5= @ 35.58
TP6= @40.00
SL= Break below S2
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QTMUSD trade ideas
QTUMUSD Second Chance: Profit=384% SL=64% Reward/Risk > 6:1Second Chance Trade Setup Summary:
Profit targets => 384% = { TP5= 42% + TP6= 72% + TP7= 108% + TP8= 162%}
Stop Loss =64%
Reward/Risk > 6 : 1
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (3.50) again.
if so, traders can set orders based on Price Action and expect to reach short-term targets."
New Take Profits:
TP5= @ 5.00
TP6= @ 6.02 New
TP7= @ 7.30 New
TP8= @ 9.20 New
SL= Break below 3.00
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First Buy Current Status:
Total Profit: 346%
Closed trade(s): 346% Profit
Open trade(s): 0% Profit
Trade Setup:
We opened 5 BUY trade(s) @ 1.97 based on 'previous Forecast' at 2020.07.28 :
Closed Profit:
TP1 @ 2.35 touched at 2020.07.29 with 19% Profit.
TP2 @ 2.70 touched at 2020.08.01 with 37% Profit.
TP3 @ 3.00 touched at 2020.08.10 with 52% Profit.
TP4 @ 3.65 touched at 2020.08.17 with 85% Profit.
TP5 @ 5.00 touched at 2020.08.21 with 153% Profit.
19% + 37% + 52% + 85% + 153% = 346%
Technical analysis:
. QTUMUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in QTUMUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.97). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. QTUMUSD 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 70.
Take Profits:
TP1= @ 2.35
TP2= @ 2.70
TP3= @ 3.00
TP4= @ 3.65
TP5= @ 5.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
There is possibility for the beginning of uptrend in QTUM ...Technical analysis:
QTUM/DOLLAR is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 60.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (18.13 to 10.74), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (18.13)
Ending of entry zone (10.74)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 23.43
TP2= @ 27.90
TP3= @ 34.93
TP4= @ 42.00
TP5= @ 55.69
TP6= @ 83.50
TP7= Free
