. 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 is at 51.
. While the price downtrend in the is not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (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)
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:
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
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I'd like to know if you have any idea about this pair?