After movement in the range, the market is going to break 100.00 resistance level and move upward. MACD supports such movement. ADX line rises and confirms that bulls become stronger. We should expect for further upward movement to the high at 150.00 level. Pending orders for buy should be placed above of the high of the previous bearish candle, it’s 105.00 level. Stop orders must be placed below the local swing low at 78.00 level. Profit targets are 125.00 and 150.00 levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: XMRUSD
Buy: 105.00Stop: 78.00
Profit Targets: 125.00 and 150.00
Market: XMRUSD
Buy: 105.00Stop: 78.00
Profit Targets: 125.00 and 150.00
The trading signal is based on Poloniex chart.
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