The price is testing the dynamic daily resistance on the 4h timeframe.
Nice volume is coming
The price needs to create a new breakout from it and retest the current 4h resistance as new support.
How to approach it?
IF the price is going to create a clear breakout with volume and retest the current resistance as new support, 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 🦐
Nice volume is coming
The price needs to create a new breakout from it and retest the current 4h resistance as new support.
How to approach it?
IF the price is going to create a clear breakout with volume and retest the current resistance as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Note
The price tested the resistance again, we are waiting for the breakout from the resistance areaNote
The price is testing the key level right now!Note
Rejection so far. the price needs to flip the resistance and satisfy our rules!
Note
now the price needs to hold it!
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.
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.