After an amazing profit, the price is testing the monthly support on 6.7$
on the 4h timeframe the market creates the falling wedge below the 4h resistance.
How to approach it?
IF the price is going to have a breakout from the falling wedge and daily resistance on 8$, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
on the 4h timeframe the market creates the falling wedge below the 4h resistance.
How to approach it?
IF the price is going to have a breakout from the falling wedge and daily resistance on 8$, 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 🦐
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.