There is a trading opportunity to buy in NEMUSD

Technical analysis:
. NEM/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0575 to 0.0455). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0575)
Ending of entry zone (0.0455)

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= @ 0.0784
TP2= @ 0.1079
TP3= @ 0.1330
TP4= @ 0.1982
TP5= @ 0.2765
TP6= @ 0.3595
TP7= @ 0.4526
TP8= @ 0.7147
TP9= @ 1.1387
TP10= Free

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