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Bullishob

Double top continued BTC has confirmed the double top pattern since I last posted about it 2 days ago. The ascending triangle structure and H1 200EMA failed to hold. After a nearly 7% drawdown price rebounded off the bullish order block shown before regaining the 200EMA and the weekly 0.75 range quarter. With BTC struggling to top that all important local higher I could see a rangebound environment taking us into next week with no real momentum for either the bulls, nor the bears. For now playing the range would be the highest probability until proven otherwise.
by ProR35
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
BINANCE:DOGEUSD.PLong
by AzizKhanZamani
2
GBPUSD Local S/R| Swing High| POC S/R| Bullish OB| Price ActionEvening Traders, Today’s Analysis – GBPUSD- breaking Local S/R with an impulse, test of Bullish OB is probable, Points to consider, - Price Action Impulsive - Bullish OB Support - POC Support - Local S/R Resistance - RSI Bearish Control Zone - Volume Declining GBPUSD’s immediate price action is trading below key Local S/R, failure of a reclaim will allow us to have a bearish bias. The Bullish OB is likely to be tested, holding this area is critical, failure will project lower bearish targets. Price Action is currently being respected by the POC, a short term bounce into Local S/R for a bearish retest is probable. The RSI is currently in its bearish control zone, remaining in these regions will project weakness in the market. Furthermore, the immediate volume is below average, indicative of an influx being probable when testing key trade locations. Overall, in my opinion, GBPUSD is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps! Thank you for following my work And remember, Beginner’s luck often stifles growth. Losses and failure are good for you. Kahlin Gibran
Short
by AzizKhanZamani