The price created a head and shoulders on 20$ area where the market got new liquidity to create a bearish impulse until the daily dynamic support
How to approach it?
the price could have a pullback until the 17$ area and create a new bearish impulse according to Plancton's Rules
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Follow the Shrimp 🦐
Keep in mind.
How to approach it?
the price could have a pullback until the 17$ area and create a new bearish impulse according to Plancton's Rules
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Note
32% since my ideaNote
43% since my idea
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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.