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*Trend direction: SIDEWAY reversal - Price move above our Lifeline (Redline)
*Turning points (White-candle) have appeared on 16-Jun, an indication of the price revert to upward direction.
*White-Diamond appeared on 06 & 29-Jul, an indication of strong momentum acceleration.
*Yellow-candle & Bell-alert have appeared on 29-Jul, the signal for a rally to take-off.
Prediction: Price has broken out from the sideways (BOX, range 0.08-0.10) it will likely rally to the next level (approx..10-30%).
The background has changed from red (Downtrend) to green (Uptrend).
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.11, R2=0.13-0.15
Support/Cut Loss: S1=0.09, S2=0.075
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
*If you are interested in our trading template. Feel free to drop us a message, we are happy to share with you.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*White-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.
SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.