Technical analysis: . BYTEBALL/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 43.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (114.00 to 95.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (114.00) Ending of entry zone (95.00)
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= @ 137 TP2= @ 157 TP3= @ 191 TP4= @ 239 TP5= @ 287 TP6= @ 360 TP7= @ 518 TP8= @ 643 TP9= @ 777 TP10= @ 895 TP11= @ 1210 TP12= Free
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