The price is creating a rising wedge on the 4h timeframe and now the price is trying to hold the trendline
How to approach it?
IF thee price is going to lose the 4h support and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
How to approach it?
IF thee price is going to lose the 4h support and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
Note
The price had a breakout from the rising wedge and now the market is testing the daily support as I told you.Note
a Clear breakout from the rising wedge as I told you.Clear 5% so far.
More if the price is going to lose the support
Note
10%Note
Amazing profit here
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.