There is a trading opportunity to buy in DLTUSDTechnical analysis:
. AGRELLO/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.04700000 to 0.02750000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.04700000)
Ending of entry zone (0.02750000)
Entry signal:
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 the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.07900000
TP2= @ 0.11218000
TP3= @ 0.13963000
TP4= @ 0.16455000
TP5= @ 0.20696000
TP6= @ 0.24885000
TP7= @ 0.38110000
TP8= @ 0.47476000
TP9= @ 0.59935000
TP10= @ 0.95222000
TP11= Free
