Quick scalp on $DOT
Let's check the confluences:
1- Tripple top PA right below the Bearish order block
2- Bearish divergence on OBV, RSI, and volume
3- you can see that the price was going up volume wasn't supporting it
4- Finally rejection at the resistance with some noticeable volume
Support/TP:
Earlier this week, $DOT break the bearish structure and left a bullish order block around $16.5. that will be the take profit zone for me
Let's check the confluences:
1- Tripple top PA right below the Bearish order block
2- Bearish divergence on OBV, RSI, and volume
3- you can see that the price was going up volume wasn't supporting it
4- Finally rejection at the resistance with some noticeable volume
Support/TP:
Earlier this week, $DOT break the bearish structure and left a bullish order block around $16.5. that will be the take profit zone for me
Comment:
Order Block explained !!!
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Comment:
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Trade closed: target reached:
easy