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 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 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 possibility of...
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 downtrend but 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.
. 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...
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 281),...
DASH has broken upwards out of the parallel channel it was trading in since the last several months.
MACD is indicating a bullish divergence.
RSI has room for more buys.
Its probably safe to go long now.
The 1st probable target from this point is ~927
The 2nd target if it bypasses 1st is ~965
Stop loss around ~873
As always, please provide feedback on the...
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
I see an uptrend coming. MACD will confirm it in a bit, but RSI looks good. It'd be fairly safe to go long slightly above the blue trend line once the uptrend is confirmed. If it falls, it'll find support at the channel.
Appreciate your feedback, thank you.
