Technical analysis: . Ripple/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 42.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.18300 to 0.148). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.183) Ending of entry zone (0.148)
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= @ 0.2300 TP2= @ 0.2805 TP3= @ 0.3300 TP4= @ 0.3800 TP5= @ 0.4240 TP6= @ 0.4800 TP7= @ 0.5700 TP8= @ 0.7615 TP9= @ 0.9145 TP10= @ 1.37050 TP11= Free