Technical analysis: . Tron/US Dollar is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 40.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.0140 to 0.0111). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0140) Ending of entry zone (0.0111)
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= @ 0.01700 TP2= @ 0.02100 TP3= @ 0.02500 TP4= @ 0.03217 TP5= @ 0.04000 TP6= @ 0.04520 TP7= @ 0.05575 TP8= @ 0.06629 TP9= @ 0.08130 TP10= @ 0.10041 TP11= Free