A trading opportunity to buy in NEOUSDTechnical analysis:
. NEO/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 45.
Trading suggestion:
. Price is in the support zone (0.1860 to 0.1380), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.1860)
Ending of entry zone (0.1380)
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= @ 43.13
TP2= @ 47.85
TP3= @ 59.04
TP4= @ 67.88
TP5= @ 93.24
TP6= @ 113.74
TP7= @ 140.50
TP8= @ 163.42
TP9= @ 200.60
TP10= Free
Neousd
There is a trading opportunity to buy in NEOUSD Technical analysis:
. NEO/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 9 BUY trade(s) @ 36.06691264 based on 'a reversal candle (Valley)' entry method at 2018.07.02 in our suggested support zone (34.73 to 24.65).
Beginning of entry zone (34.73)
Ending of entry zone (24.65)
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= @ 47.85
TP2= @ 59.04
TP3= @ 67.88
TP4= @ 93.24
TP5= @ 113.74
TP6= @ 140.50
TP7= @ 163.42
TP8= @ 200.60
TP9= Free
There is a possibility for the beginning of uptrend in NEOUSDTechnical analysis:
.NEO/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 39.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (60.00 to 44.00). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (60.00)
.Ending of entry zone (44.00)
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 special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 80.60
TP2= @ 94.30
TP3= @ 107.00
TP4= @ 140.50
TP5= @ 166.90
TP6= @ 200.60
TP7= Free
neo-usd looks goodneo is retesting support.
for confirmation of breakout
if support stays strong, it can reverse from current price
so u can enter at current price
with stop loss at 34.4(where it falls below cloud, which means strong bearish)
