There is a trading opportunity to buy in STRATUSDTechnical analysis:
. STRATIS/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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (1.22317800 to 0.91432000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.22317800)
Ending of entry zone (0.91432000)
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= @ 2.09905
TP2= @ 3.13100
TP3= @ 4.03000
TP4= @ 5.55650
TP5= @ 6.88000
TP6= @ 8.69800
TP7= @ 11.2266
TP8= @ 13.7495
TP9= @ 17.3387
TP10= 21.9115
TP11= Free
SLong




