The price is creating a triangle below the 4h resistance where the market created a supply zone. If you look on the left you can see how the price got rejections from that area.
How to approach it?
IF the price is going to get new liquidity with a false breakout and get a new rejection, 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 the price is going to get new liquidity with a false breakout and get a new rejection, 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 🦐
Note
34% since my idea 😎
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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.