REPUSD Buy time

Jul 10, 2017

REPUSD pair is on a downtrend along with ETHUSD, but with conditions in favor of range trading.

Right now, RSI and Stochastic overbought and ADX in range trading zone.

Bottom Bollinger Band (not shown) touching price, and bottom Keltner Channel (not shown) 4$ above price.

Stop under major resistance for a Risk/Reward of 1.75

Jul 11, 2017

Trade active

Trade active since the moment of publishing. Still several days away from profit taking

Jul 12, 2017

Note

Unlike prior bounces, price seems stagnant, therefore it could be a good time to take profit, even though initial target was not reached.

Jul 13, 2017

Trade closed: target reached