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Kmddollar

There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis: . Komodo/USDollar 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 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.284) Ending of entry zone (1.159) 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= @ 1.583 TP2= @ 1.828 TP3= @ 2.280 TP4= @ 2.719 TP5= @ 3.545 TP6= @ 4.639 TP7= @ 5.887 TP8= @ 7.428 TP9= @ 7.428 TP10= @ 11.162 TP11= @ 13.957 TP12= Free
KLong
by ForecastCity
There is a possibility for the beginning of an uptrend in KMDUSDTechnical analysis: . Komodo/USDollar 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 54. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (1.284 to 1.159). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (1.284) Ending of entry zone (1.159) 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= @ 1.583 TP2= @ 1.828 TP3= @ 2.280 TP4= @ 2.719 TP5= @ 3.545 TP6= @ 4.639 TP7= @ 5.887 TP8= @ 7.428 TP9= @ 7.428 TP10= @ 11.162 TP11= @ 13.957 TP12= Free
KLong
by ForecastCity