The price is testing the local demand zone on 1.200 - 1.100 area where the price had the bullish impulse.
Now the price is testing the weekly resistance at 1.2$
How approach it?
IF the price is going to flip the weekly and retest as new support, we could see a pullback until 1.3 area, so 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 weekly resistance at 1.2$
How approach it?
IF the price is going to flip the weekly and retest as new support, we could see a pullback until 1.3 area, so 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.
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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.