DODO analysis
Updated
DODO has formed a liquidity pool after the bearish CH at the bottom of the chart.
It is also placed below a resistance swap range.
We expect deeper drops from DODO.
If POI is reached, we can look for buy/long
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
It is also placed below a resistance swap range.
We expect deeper drops from DODO.
If POI is reached, we can look for buy/long
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Note
Since it was analyzed, it dropped more than 37% and when it hit the demand range, it was pumped more than 18%.
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