Prediction: Price pullback after rally & landed at strong support (Redline)
Target Price: R1=0.99-1.03, R2=1.18-1.22, R3=1.38-1.44
Support/Cut Loss: S1=0.805-0.795, S2=0.69-0.68
*Trend direction: UPTREND - Price correction above our Lifeline (Redline) strong support 0.80
*Bottom reversal (Green-upward-triangle) signed on 27-Jul & (Yellow-diamond BT) on 29-Jul.
*Turning points (White-candle) have appeared on 30-Jul, an indication of the price revert to upward direction.
*Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
*If you are interested in our trading template. Feel free to drop us a message, we are happy to share with you.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Uptrend
*BT-Yellow-Diamond = Bottom signal.
*Green-Upward-Triangle = Potentially a Bottom signal.
*White-Diamond = Strong upward momentum accelerator.
*White-Candle = Turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Potential Price take-off area.
SELL Signal:-
*Red-Background = Downtrend.
*Red-Dot = Potentially a Top signal.
*Blue-Candle = Potential price selling off area.