Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds.
Entry - $0.07899
Target - $0.08259
Exit - $0.07800
RR - 3.46
Entry - $0.07899
Target - $0.08259
Exit - $0.07800
RR - 3.46
Trade closed: target reached
Entry was tested and the bearish OB was cleared.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.