TradingBrokersView

SXPUSD on a long term bullish break out.

Long
CRYPTO:SXPUSD   SXP
SXPUSD broke today above the MA50 (1d), just three days after breaking above the 3 month Channel Down.
This is the final bullish validation of the upcoming long term bullish reversal.

Trading Plan:
1. Buy on the next pull back to the MA50 (1d).
2. Buy if the price closes a (1d) candle over Resistance (1) first.

Targets:
1. and 2. 0.5900 (Fibonacci 0.618)

Tips:
1. The RSI (1d) is at the highest level since April 6th, a clear signal that the trend has reversed.

Please like, follow and comment!!

Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉

Also doing account management, earn +15% monthly profit!

👉CONTACT: t.me/tradingbrokersview

Stop gambling with your trades! 🎰
Start being profitable! 💰
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.