Technical 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
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