Dash did a massive breakout of falling wedge with huge volume. Did a successful retest of the upper trendline. Now only thing i expect is to go up. Targeting 200, 220, 260
Trading suggestion: . There is a possibility of temporary retracement to 250/255$ or support trendline. . traders can set orders based on Price Action and expect to reach short & long term targets. Technical analysis: . Dash is in a uptrend and the continuation of uptrend is expected. . The price is above 190/250$ zone leads more upside. Take Profits: TP1=...
Midterm forecast: While the price is above the support 32.75, beginning of uptrend is expected. We make sure when the resistance at 87.90 breaks. If the support at 32.75 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg...
Trade Setup summary: Profit targets=452310 pip (1380 + 2180 + 5100 + 7605 + 11845 + 19465 + 33355 + 55640 + 73725 + 91790+ 150225) Stop Loss =15356 pip Reward/Risk > 29.4 : 1 Current Status: Total Profit: 12579 pip Closed trade(s): 809 pip Profit Open trade(s): 11770 pip Profit Trade Setup: We opened 12 BUY trade(s) @...
Technical analysis: . Dash/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 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (72.500 to 56.200). if so, traders can set orders based on Price Action and...
Technical analysis: . Dash/Dollar is in a range bound and the beginning of uptrend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 38. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (104.00 to 84.00). if so, traders can set orders based on Price Action...
Technical analysis: . Dash/Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 39. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a...
Technical analysis: . DASH/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . If you missed our first HUNT, you have a second chance to buy above the new suggested support zone. . There is still a possibility of temporary...
Technical analysis: DASH/DOLLAR is in a range bound and beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 47. Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. There is possibility of temporary retracement to suggested support zone (417 to...