There is a possibility for the beginning of an uptrend in EOSUSD

There is a possibility for the beginning of an uptrend in EOSUSD
Technical analysis:
. EOS/US 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 51.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (3.1360 to 2.1785). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (3.1360)
Ending of entry zone (2.1785)

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= @ 4.1250
TP2= @ 5.1140
TP3= @ 6.7520
TP4= @ 7.6735
TP5= @ 9.8555
TP6= @ 12.3640
TP7= @ 14.8615
TP8= @ 18.4395
TP9= @ 22.9885
TP10= Free

★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the
I like your analysis, very much. Thank you for this and your time!
ForecastCity Koorosh_FX
@Koorosh_FX, You're welcome. I would like to know if you have any idea about this pair?
It will go up soon! toward the MARS!

ForecastCity Forecast_Crypto
@ForecastCity always enjoy your posts. You are one of my favorite analysts!
+1 Reply
ForecastCity Alexander_007
@Alexander_007, We appreciate your kind words and support.
I'd like to know if you have any idea about this pair?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out