Dash When to BuyDash made good upward movement and if you opened long trades based on the previous buy signal, you must be in profit. But what about new buy signals and entry levels? If we look at the daily chart we can see that the market is too far from the uptrend lines. It means that buying on such high levels it's not a good idea. We have to wait for price correction to possible reversal zones and open buy trades based on confirmed reversal signals. The levels, where the market can reverse after correction, are the uptrend line 1, the support levels and the uptrend line 2. Buying from these levels will give you good potential for up movement.
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DASH Heading for moon?Small time frame but DASH on the run looking for moon here.
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Dash Buy SignalBased on the 4H chart we can see that price broke the downtrend line. It's a signal that the market probably is going to move higher. We have long opportunity and a possible entry level higher than 182.500. If the maket reaches this level, we'll open long trades with stop orders below the uptrend line and profit target near the resistance zone. We also have to watch for DMI indicator. When ADX line of this indicator rises higher than 20, we'll have confirmation of trend market conditions and the up movement.