The price is creating a bullflag below the supply zone at 0.165$ area, where the price had a big impulse until the Weekly support
Now the price is testing the 0.786 Fiboancci level as resistance.
How to approach it?
IF the price is going to create a clear breakout and retest the 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 🦐
Now the price is testing the 0.786 Fiboancci level as resistance.
How to approach it?
IF the price is going to create a clear breakout and retest the 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.
- ⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
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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.