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Oxusd

ZRXUSD has formed bullish butterfly | Upto 203% possiblePriceline os Ox / US Dollar has formed a bullish butterfly and entered in potential reversal zone. RSI is oversold. Price action is also hitting at the support of lower band of bollinger bands. Volume profile of complete pattern is showing weak interest of traders within PRZ area. From here the price action will take bullish divergence soon insha Allah. I have used Fibonacci sequence to set the targets. Buy between: 0.1721 to 0.1106 Sell between: 0.2199 to 0.3356 Regards, Atif Akbar (moon333)
BITFINEX:ZRXUSDLong
by moon333
There is a possibility for the beginning of an uptrend in ZRXUSDTechnical analysis: . 0X/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.666 to 0.492). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.666) Ending of entry zone (0.492) 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= @ 0.837 TP2= @ 1.041 TP3= @ 1.258 TP4= @ 1.510 TP5= @ 1.887 TP6= @ 2.117 TP7= Free
BINANCE:ZRXUSDLong
by ForecastCity