. DECRED/DOLLAR is in a downtrend and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 24.
. While the and the price downtrend in the are not broken, wave in price would continue.
. There is a possibility for the resumption of an uptrend in the suggested (38.00 to 22.30). traders can set orders with entry signal based on Price Action and expect to reach short-term targets.
Beginning of entry zone (38.00)
Ending of entry zone (22.30)
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
TP1= @ 47.71
TP2= @ 54.58
TP3= @ 58.52
TP4= @ 72.15
TP5= @ 83.18
TP6= @ 94.32
TP7= @ 110.07
TP8= @ 130.05
TP9= @ Free