ForecastCity
Long

There is a trading opportunity to buy in STRUSD

POLONIEX:STRUSD   Stellar / US Dollar (calculated by TradingView)
Technical analysis:
. Stellar /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 40.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.04950000 to 0.03500000). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.04950000)
Ending of entry zone (0.03500000)

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 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= @ 0.06570000
TP2= @ 0.08260000
TP3= @ 0.10200000
TP4= @ 0.11930000
TP5= @ 0.13700000
TP6= @ 0.15620000
TP7= @ 0.18010000
TP8= @ 0.22210000
TP9= @ 0.27550000
TP10= @ 0.32880000
TP11= Free
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Comments

Keep This on my Radar This Week, Thanks a lot!
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome. We are so happy you found it useful.
Reply
This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks for your nice comment on this post.
Reply
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