SHIBUSDT 30M Order Block and Daily 26EMA Long
Good example of
SHIBUSDT
30M Order Block and Daily 26EMA confluence Long. I consider a bullish order block to be a red swing low candle followed by a green candle that closes above the red candle open (green candle must close above to satisfy my definition of order block). The Daily 26EMA is also a strong dynamic support line if price is staying and closing above. Take profit areas are previous 4HR order blocks and breakers as well as the Daily 12EMA. Solid 37% move and 6.5 RR trade.
SHIBUSDT
30M Order Block and Daily 26EMA confluence Long. I consider a bullish order block to be a red swing low candle followed by a green candle that closes above the red candle open (green candle must close above to satisfy my definition of order block). The Daily 26EMA is also a strong dynamic support line if price is staying and closing above. Take profit areas are previous 4HR order blocks and breakers as well as the Daily 12EMA. Solid 37% move and 6.5 RR trade.