A trading opportunity to buy in LSKUSDTechnical analysis:
. LISK/DOLLAR is in a downtrend 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 49.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (2.79 to 1.41). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (2.79)
Ending of entry zone (1.41)
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 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:
Take Profits:
TP1= @ 4.72
TP2= @ 6.00
TP3= @ 7.19
TP4= @ 9.95
TP5= @ 11.63
TP6= @ 14.57
TP7= @ 17.31
TP8= @ 33.05
TP9= Free
Dollar
A good opportunity to buy in STRUSDTTechnical analysis:
. STELLAR/TetherUSD 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 45.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.216 to 0.161). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.216)
Ending of entry zone (0.161)
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 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:
Take Profits:
TP1= @ 0.270
TP2= @ 0.338
TP3= @ 0.400
TP4= @ 0.449
TP5= @ 0.538
TP6= @ 0.629
TP7= @ 0.918
TP8= Free
A great opportunity to buy in EOSUSDTechnical analysis:
. EOS/DOLLAR is in a downtrend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (4.47 to 3.04). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (4.47)
Ending of entry zone (3.04)
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 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:
Take Profits:
TP1= @ 5.78
TP2= @ 6.91
TP3= @ 7.78
TP4= @ 8.63
TP5= @ 10.02
TP6= @ 11.38
TP7= @ 14.80
TP8= @ 17.06
TP9= @ 19.00
TP10= @ 23.03
TP11= Free
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/Dollar is in a downtrend 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 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (0.19 to 0.13). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.19)
Ending of entry zone (0.13)
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 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:
Trade Setup:
We opened 9 BUY trade(s) @ 0.19198278 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 0.242
TP2= @ 0.278
TP3= @ 0.308
TP4= @ 0.362
TP5= @ 0.407
TP6= @ 0.492
TP7= @ 0.703
TP8= @ 1.043
TP9= Free
Dollar Index study - DXY pullback and possible directionDollar Index study - DXY pullback and possible direction
There is a trading opportunity to buy in ETCUSDTechnical analysis:
. ETHEREUMCLASSIC/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 42.
Trading suggestion:
. Price is in the support zone (14.0 to 12.0), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (14.0)
Ending of entry zone (12.0)
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 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:
Trade Setup:
We opened 9 BUY trade(s) @ 11.800 based on ' Hammer ' entry method at 08.14.2018.
Take Profits:
TP1= @ 17.0
TP2= @ 20.0
TP3= @ 23.0
TP4= @ 25.4
TP5= @ 29.9
TP6= @ 38.4
TP7= @ 42.9
TP8= @ 46.9
TP9= Free
There is a possibility for the beginning of an uptrend in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a downtrend 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 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.090 to 0.055). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.090)
Ending of entry zone (0.055)
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 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:
Take Profits:
TP1= @ 0.140
TP2= @ 0.190
TP3= @ 0.250
TP4= @ 0.304
TP5= @ 0.34
TP6= @ 0.453
TP7= @ 0.584
TP8= @ 0.740
TP9= Free
There is a great opportunity to buy in DGBUSDTechnical analysis:
. DigiByte/Dollar is in a downtrend 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 35.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023 to 0.011). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023)
Ending of entry zone (0.011)
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 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:
Take Profits:
TP1= @ 0.031
TP2= @ 0.037
TP3= @ 0.049
TP4= @ 0.068
TP5= @ 0.089
TP6= @ 0.109
TP7= @ 0.136
TP8= Free
A long-term Buy trading opportunity for GRCUSDTechnical analysis:
. GridCoin/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 price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0207 to 0.0173). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0207)
Ending of entry zone (0.0173)
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 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:
Take Profits:
TP1= @ 0.0303
TP2= @ 0.0382
TP3= @ 0.0461
TP4= @ 0.0573
TP5= @ 0.0630
TP6= @ 0.0753
TP7= @ 0.0907
TP8= @ 0.1130
TP9= @ 0.1354
TP10= Free
There is a trading opportunity to buy in silverMidterm forecast:
While the price is above the support 13.60, beginning of uptrend is expected.
We make sure when the resistance at 15.60 breaks.
If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (14.650)
Ending of entry zone (14.400)
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 :
Technical analysis:
While the RSI resistance #1 at 44 is not broken, the probability of price increase would be too low.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 33.
Take Profits:
TP1 = @15.000
TP2 = @15.250
TP3 = @15.600
TP4 = @15.900
TP5 = @16.200
TP6 = @16.550
TP7 = @16.850
TP8 = @17.200
TP9 = @17.700
TP10 = @18.100
TP11 = @21.000
TP12 = @22.000
TP13 = @25.100
TP14 = @28.350
TP15 = @33.300
TP16 = @37.500
TP17 = @44.200
TP18 = @49.800
TP19 = Free
A great opportunity to buy in Turkish Lira. keep your eye on it.Midterm forecast:
5.0000 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 5.0000 is broken.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (5.9300 to 5.6450). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (5.9300)
Ending of entry zone (5.6450)
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 :
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 88.
Take Profits:
TP1= @ 6.0000
TP2= @ 6.2100
TP3= @ 6.5600
TP4= @ 7.0000
TP5= @ 7.1200
TP6= Free
Previous Trade Setup:
We opened 4 BUY trade(s) @ 4.7302 based on 'Trough (Valley)' entry method at 2018.07.09.
Total Profit: 22017 pip
Closed trade(s): 5354 pip Profit
Open trade(s): 16663 pip Profit
Closed Profit:
TP1 @ 4.8035 touched at 2018.07.11 with 733 pip Profit.
TP2 @ 4.9225 touched at 2018.07.12 with 1923 pip Profit.
TP3 @ 5.0000 touched at 2018.08.01 with 2698 pip Profit.
733 + 1923 + 2698 = 5354 pip
Open Profit:
Profit for one trade is 6.3965(current price) - 4.7302(open price) = 16663 pip
1 trade(s) still open, therefore total profit for open trade(s) is 16663 x 1 = 16663 pip
A new trading opportunity to buy in BTSUSDTechnical analysis:
. BITSHARES/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 27.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.1210 to 0.0438). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.1210)
Ending of entry zone (0.0438)
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 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:
Take Profits:
TP1= @ 0.1855
TP2= @ 0.2379
TP3= @ 0.3170
TP4= @ 0.4536
TP5= @ 0.5638
TP6= @ 0.6736
TP7= @ 0.9800
TP8= Free
There is a possibility for the resumption of uptrend in DCRUSDTechnical analysis:
. 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 RSI is at 24.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility for the resumption of an uptrend in the suggested support zone (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)
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 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:
Take Profits:
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
There is a possibility for the beginning of an uptrend in TRXUSDTechnical analysis:
. TRON/DOLLAR is in a downtrend 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 34.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the support zone (0.030 to 0.025), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.030)
Ending of entry zone (0.025)
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 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:
Take Profits:
TP1= @ 0.0346
TP2= @ 0.0405
TP3= @ 0.0435
TP4= @ 0.0506
TP5= @ 0.0557
TP6= @ 0.0643
TP7= @ 0.0729
TP8= @ 0.0820
TP9= @ 0.1005
TP10= Free
There is a possibility for the beginning of an uptrend in IOTUSDTechnical analysis:
. IOTA/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 and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the resistance zone (0.96 to 0.70), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.96)
Ending of entry zone (0.70)
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 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:
Take Profits:
TP1= @ 1.16
TP2= @ 1.33
TP3= @ 1.62
TP4= @ 2.04
TP5= @ 2.60
TP6= @ 3.10
TP7= @ 3.92
TP8= @ 4.75
TP9= @ 5.80
TP10= Free
There is a possibility for the beginning of an uptrend in EOSUSDTechnical analysis:
. EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (6.95)
Ending of entry zone (5.84)
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 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:
Take Profits:
TP1= @ 9.25
TP2= @ 10.43
TP3= @ 11.72
TP4= @ 12.86
TP5= @ 14.80
TP6= @ 16.75
TP7= @ 19.53
TP8= @ 23.03
TP9= Free
A trading opportunity to buy in NXSUSDTechnical analysis:
. NEXUS/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.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.26 to 0.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.26)
Ending of entry zone (0.75)
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 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:
Take Profits:
TP1= @ 1.69
TP2= @ 2.16
TP3= @ 2.60
TP4= @ 3.63
TP5= @ 4.80
TP6= @ 7.10
TP7= @ 16.82
TP8= Free
There is a possibility for the beginning of uptrend in IOSTUSDTechnical analysis:
. ISIMPLETOKEN/DOLLAR is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0195 to 0.0135). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0195)
Ending of entry zone (0.0135)
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= @ 0.0257
TP2= @ 0.0308
TP3= @ 0.0352
TP4= @ 0.0397
TP5= @ 0.0475
TP6= @ 0.0553
TP7= @ 0.0700
TP8= Free
A trading opportunity to buy in SYSUSDTechnical analysis:
. SYSCOIN/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 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.14 to 0.09). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.14)
Ending of entry zone (0.09)
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 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:
Take Profits:
TP1= @ 0.19
TP2= @ 0.25
TP3= @ 0.30
TP4= @ 0.34
TP5= @ 0.47
TP6= @ 0.58
TP7= @ 0.74
TP8= @ 1.02
TP9= Free
A trading opportunity to buy in GNTUSDTechnical analysis:
. GOLEM/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 42.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.27 to 0.18). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.27)
Ending of entry zone (0.18)
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 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:
Take Profits:
TP1= @ 0.36
TP2= @ 0.40
TP3= @ 0.50
TP4= @ 0.58
TP5= @ 0.65
TP6= @ 0.76
TP7= @ 0.90
TP8= @ 1.38
TP9= Free
There is a possibility for the beginning of uptrend in STRATUSDTechnical analysis:
. STRATIS/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 49.
Trading suggestion:
. The price is in the support zone (2.70 to 1.86), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (2.70)
Ending of entry zone (1.86)
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 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:
Take Profits:
TP1= @ 4.03
TP2= @ 5.29
TP3= @ 6.88
TP4= @ 8.39
TP5= @ 10.11
TP6= @ 16.45
TP7= @ 23.12
TP8= Free
A trading opportunity to buy in GBPUSDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast the beginning of uptrend.
Technical analysis:
There is a divergence in RSI and price between the trough at 1.3205 on 2018-05-29 and the trough at 1.2955 on 2018-07-19, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI bounced from the uptrend #1 and it prevented price from more losses.
While the RSI resistance #2 at 50 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 1.2955 on 07/19/2018, so more gains to resistance(s) 1.3170, 1.3280, 1.3460 and more heights is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.
Trading suggestion:
. We have already opened 9 BUY trade(s) @ 1.3127 based on 'a reversal candle (Valley)' entry method at 07.24.2018 in our suggested support zone (1.3050 to 1.2955).
Beginning of entry zone (1.3050)
Ending of entry zone (1.2955)
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= @ 1.3170
TP2= @ 1.3280
TP3= @ 1.3460
TP4= @ 1.3560
TP5= @ 1.3655
TP6= @ 1.3830
TP7= @ 1.3970
TP8= @ 1.4345
TP9= Free
A new trading opportunity to buy in DASHUSDTechnical 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 retracement to suggested support zone (221.0 to 153.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (221.0)
Ending of entry zone (153.0)
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 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:
We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle ( Hammer in D2 time frame)' entry method at 2018.06.29 in our previous suggested support zone (231.0 to 153.0).
Total Profit: 133410
Closed trade(s): 45741 Profit
Open trade(s): 87669 Profit
Closed Profit:
TP1 @ 281.0 touched at 03.21.2018 with 23392 Profit.
Open Profit:
Profit for one trade is 245.000(current price) - 235.259(open price) = 9741
9 trade(s) still open, therefore total profit for open trade(s) is 9741 x 9 = 87669
All SLs moved to Break-even point.
New Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 541.0
TP5= @ 640.0
TP6= @ 749.0
TP7= @ 915.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
