.LISK/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
.The is at 60.
There is possibility of temporary retracement to suggested (18 to 11), if so, traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (18)
.Ending of entry zone (11)
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
TP1= @ 25
TP2= @ 31
TP3= @ 41
TP4= @ Free
★ For having access to the latest forecasts at the time they publish, the latest NEWS, and many other privileges, please subscribe to the ForecastCity.com