DODGEUSD POC Support| .618 Fibonacci| Price Action| Trend
Evening Traders,
Today’s analysis – DODGEUSD – trading in a local uptrend, a pullback will allow for a higher low entry
Points to consider,
- Price Action Impulsive
- POC S/R Support
- Bullish OB Support
- .618 Fibonacci Support
DODGEUSD’s immediate price action is trading in an uptrend where a pull back into the POC will allow for a bullish entry.
The POC has technical confluence with the .618 Fibonacci and a Bullish Order Block, giving it significance.
The immediate will be the current swing high, exceeding this level will lead to another analysis being required.
Overall, in my opinion, DDGEUSD is a valid long at support, invalidation is multiple candle closes below the POC.
Hope this analysis help, thank you for following my work, and remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee
Today’s analysis – DODGEUSD – trading in a local uptrend, a pullback will allow for a higher low entry
Points to consider,
- Price Action Impulsive
- POC S/R Support
- Bullish OB Support
- .618 Fibonacci Support
DODGEUSD’s immediate price action is trading in an uptrend where a pull back into the POC will allow for a bullish entry.
The POC has technical confluence with the .618 Fibonacci and a Bullish Order Block, giving it significance.
The immediate will be the current swing high, exceeding this level will lead to another analysis being required.
Overall, in my opinion, DDGEUSD is a valid long at support, invalidation is multiple candle closes below the POC.
Hope this analysis help, thank you for following my work, and remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee