bullish case for YOYO

Bullish case for YOYO

- Now consolidating above daily order block
- RSI close to bullish territory
- Increase in volume

Buy 0.0000390 - 0.0000400 (Use stop loss)

Take profit:

TP1: 0.00000662
TP2: 0.00000859
TP3: 0.00000959
TP4: 0.00001072

Rebuy on retest/consolidation above indicated order blocks (gray area’s)

Comment:

We've hit our buy target and managed to close within the daily order block. I see bullish divergence on the 1H which I expect to see play out either today or tomorrow. Depending on how significant the bounce is and accompanied volume I might close the trade earlier. I'd still expect us to at least hit TP1, but let's wait and see.

I need to see a daily close above 0.00000470 in the coming days to remain bullish.