. BYTEBALL/DOLLAR is in a range bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 36.
. While the downtrend #1 is not broken, wave in price would continue.
. The price is in a range bound, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested (157 to 118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (157)
Ending of entry zone (118)
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 reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
TP1= @ 191
TP2= @ 239
TP3= @ 287
TP4= @ 360
TP5= @ 518
TP6= @ 643
TP7= @ 777
TP8= @ 895
TP9= @ 955
TP10= @ 1210