A trading opportunity to buy in ZECUSD

30 במאי 2020

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (48.84). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ZECUSD is in a range bound and the resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.

Take Profits:
TP1= @ 64.07
TP2= @ 75.60
TP3= @ 115.25

SL= Break below S2