If the market bounces from 350.00 support level and moves above the kumo, we should expect for further upward movement. DMI indicator shows range market conditions and it’s not a good idea to use trend following strategies. But ADX line rises and probably it will confirm the beginning of a new price movement. It’s possible to place pending orders for buy above the local swing high at 365.00 level. Stop orders must be at 345.00 level. Profit target should be near 400.00 resistance level. This is not the perfect trading signal, but it can be a variant for catching possible upward movement on time. If the price drops below the kumo, buy orders must be deleted.
I bought dash right after publication and made +$120.
Thank you. Wait for your training.
Wheelman-
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Nice analysis. Do you use different inputs for Ichimoku depending on your price interval? I ask because the default is 9, 26, 52, 26. Thank you!
ziggypepper
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Thank you so much but I should buy it now or wait for a clear sign when it reaches 365. Im a newbie, I look forward to hearing from you.
money78
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Thank you DLavrov outstanding as usual! I have a question for you, which one is more profitable according to your experience trading forex or cryptocurrencies and which one should one focus on the most? Thanks in advance.
Kambonish
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Sorry but what do you think about neo ? do you know the next target ?
yuslav
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@Kambonish, too, interesting to know .. the month of ghosts will end and what awaits neo?