Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01380 to 0.01310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01380)
Ending of entry zone (0.01310)
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= @ 0.01685
TP2= @ 0.01970
TP3= @ 0.02140
TP4= @ 0.02335
TP5= @ 0.02970
TP6= @ 0.03485
TP7= @ 0.04375
TP8= @ 0.05645
TP9= Free
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.01490 would begin in Midterm.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 31.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01380 to 0.01310). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01380)
Ending of entry zone (0.01310)
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= @ 0.01685
TP2= @ 0.01970
TP3= @ 0.02140
TP4= @ 0.02335
TP5= @ 0.02970
TP6= @ 0.03485
TP7= @ 0.04375
TP8= @ 0.05645
TP9= Free
High Accurate forecasts by 4CastMachine AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
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FREE Telegrams:
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✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
High Accurate forecasts by 4CastMachine AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.