There is a trading opportunity to buy in STRATUSD
Technical analysis:
. STRATIS/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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.22317800 to 0.91432000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.22317800)
Ending of entry zone (0.91432000)
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= @ 2.09905
TP2= @ 3.13100
TP3= @ 4.03000
TP4= @ 5.55650
TP5= @ 6.88000
TP6= @ 8.69800
TP7= @ 11.2266
TP8= @ 13.7495
TP9= @ 17.3387
TP10= 21.9115
TP11= Free
. STRATIS/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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.22317800 to 0.91432000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.22317800)
Ending of entry zone (0.91432000)
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= @ 2.09905
TP2= @ 3.13100
TP3= @ 4.03000
TP4= @ 5.55650
TP5= @ 6.88000
TP6= @ 8.69800
TP7= @ 11.2266
TP8= @ 13.7495
TP9= @ 17.3387
TP10= 21.9115
TP11= Free
High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.