Description :
Looking at the H4 chart, my overall bias for DOGEUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.07961, where the overlap support is, we are looking to take profit at 0.09511, where the overlap resistance and 61.8% Fibonacci line is. Stop loss will be placed at 0.07456, where the previous overlap support is.
Trading Recommendation
Entry: 0.07961
Reason for Entry: Overlap support
Take Profit:0.09511
Reason for Take Profit: Overlap resistance
Stop Loss: 0.07456
Reason for Stop Loss:
Previous overlap support
