As you see in 1H Marked first OB and placed couple of entry limit orders. I thought first OB will mitigate so I placed order for SHORT but as you see Market Always Do What He Wants To Do!
Market changed his direction and we a pullback @7.381 toward down.
Then we can see a another BOS and a good BIG BULL CANDLES. So I marked my second OB for LONG.
#-There is a possibility That We can see a Pullback to the suggested support line (42.73).
The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
. DOTUSD is in an Ascending Parallel Channel .
. The price is above the 50 Ema and It is also Acting as a...
". There is a possibility of temporary retracement to the suggested support line (20.99).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. DOTUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...