moon333

XLMUSD formed bullish BAT | A good long opportunity

Largo
On 4hr chart priceline of XLM / Dllar has formed a bullish BAT and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile is showing less interest of traders within PRZ area.
But MACD is strong bearish and Stochastic did not give bull cross therefore I would recommend to wait for MACD to turn weak bearish or stochastic to give bull cross then buy.
I have defined targets using Fibonacci sequence:

Buy between: 0.06170363 to 0.06137483

Sell between: 0.06248766 to 0.06366458

Enjoy your profits and Regards,
Atif Akbar (moon333)

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