Doge has had a massive run over the past few days and has just taken out a 12H swing high. It's looking a little exhausted at this key level on the higher timeframe, so I'm looking to catch a pullback on the l15 M timeframes. I used a 15M Bearish OB in conjunction with OTE to catch my entry. Stop Loss above recent high.
Price has swept Monday's low and closed back within the range. There is a bullish 4H SFP forming back within the range. If BTC holds up, this should run back towards Mondays high
I took this trade base on a basic Broadening Descending Wedge pattern. Price looked like it was respecting a 1D order block and looked as if it was ready to reach up towards the top of the wedge. Once again I've entered too early and waiting for price to pull back further into the OTE zone would have been a better option. The trade is still live and I haven't...
Price looks to be hitting key resistance on the 4H chart. It reacted nicely at the 4H Bearish Order Block. And then reacted nicely after tagging the next 1H OB. Looking for a small pull back to capture 2R.
Hourly trend looks to be shifting to the upside Price has retested and found support at order block Price perfectly retesting 0.618 fibs of the last impulse
Weekly Stucture is bullish. Daily is in a downtrend. Looking for structure to flip bullish on the 4 hour chart and targeting an order block for my entry. Target 1 is top of range high.
FTM USD looks to be creating a Wyckoff accumulation schematic. Price is currently showing signs of putting in a "spring" and we could expect to see one last test of the lower level of horizontal support which is where I am aiming to take an entry. Aiming to take profit at the top of the range.
Potential Broadening Descending Wedge in play on Fantom USD. 4 Hour bullish divergence now showing on the 5th wave at a critical level of support.