There is a possibility for the beginning of an uptrend in NEOUSD
Technical analysis:
. NEO/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 79.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (13.6650 to 10.0338). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (13.6650)
Ending of entry zone (10.0338)
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= @ 17.63851000
TP2= @ 20.75000000
TP3= @ 24.99556000
TP4= @ 31.86434000
TP5= @ 43.90000000
TP6= @ 48.79700000
TP7= @ 75.59800000
TP8= @ 97.27900000
TP9= @ 118.94100000
TP10= @ 149.74200000
TP11= @ 189.00000000
TP12= Free
. NEO/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 79.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (13.6650 to 10.0338). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (13.6650)
Ending of entry zone (10.0338)
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= @ 17.63851000
TP2= @ 20.75000000
TP3= @ 24.99556000
TP4= @ 31.86434000
TP5= @ 43.90000000
TP6= @ 48.79700000
TP7= @ 75.59800000
TP8= @ 97.27900000
TP9= @ 118.94100000
TP10= @ 149.74200000
TP11= @ 189.00000000
TP12= Free
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🌟36 Forex Pairs
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🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas
✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007
FREE Telegram 👉 t.me/forecastcity_com
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