NEXOUSD Buy but limited
NEXOUSD hit both the MA50 (1d) and MA200 (1d) today.
The long term pattern is a Triangle that is limited by a Falling Resistance.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.8500 (Falling Resistance and +53.50% move).
Tips:
1. The RSI (1d) is still only 60.00, indicating that until its usual deeply overbought tops, there is still room on this uptrend but only short term due to the Falling Resistance.
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The long term pattern is a Triangle that is limited by a Falling Resistance.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.8500 (Falling Resistance and +53.50% move).
Tips:
1. The RSI (1d) is still only 60.00, indicating that until its usual deeply overbought tops, there is still room on this uptrend but only short term due to the Falling Resistance.
Please like, follow and comment!!
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Start being profitable! 💰
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