The price bounces from the support zone formed by MA100 and 0.10000 support level. RSI confirms price reversal. MACD histogram is going to support the upward movement. DMI allows open long trades. We have buy oportunity. Entry level for long trades should be above 0.13000 resistance level. Stop orders must be placed below 0.09200 level. Profit target should be at 0.18000 resistance level.
Comment:
It's a really good upward movement )
Comment:
The market reached a possible reversal zone. For new buy signals we need a retracement to support levels.
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