There is a possibility for the beginning of uptrend in IOSTUSD
. ISIMPLETOKEN/DOLLAR is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 31.
. While the downtrend #1 and the price downtrend in is not broken, wave in price would continue.
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested (0.0195 to 0.0135). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0195)
Ending of entry zone (0.0135)
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:
TP1= @ 0.0257
TP2= @ 0.0308
TP3= @ 0.0352
TP4= @ 0.0397
TP5= @ 0.0475
TP6= @ 0.0553
TP7= @ 0.0700