$DOGE Good afternoon, Noobs!
I returned after a break. I took the time to learn more about support, resistance, and candlestick patterns (Bullish and Bearish Engulfing, High Test and Low Test). And with that learned, it's time to move on to practice. As you will see in the chart. In the 5-minute timeframe, there is a clear break in its second support (red), but in the 3-minute timeframe, it is noted that it is only a false break (or so I believe), therefore, once it reaches its strong support (white), it should bounce back to reach its second support (red). Seeing that a bullish engulfing candle formed at its strong support and on a strong support zone, there is a high probability that the price will rise again.
Since I like scalping, I entered at the lowest part of the operation expecting a rise and it indeed went up. I exited in profit at 0.193442. I initiated the operation at 14:39 PM (ARG time) and finished it at 14:59 PM exiting in profit with a gain of +0.40 USD.
When the chart reaches where I had planned, I will share the other capture, or if I am wrong, I will share it anyway.