The price is creating a bear flag between the daily structures above the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the support and retest the daily support as new resistance, 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 lose the support and retest the daily support as new resistance, 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
The price had a breakout from the bear flag and retest it as new support as I said in my idea.
Congrats to our Students!
Note
10% since my idea, more if the price is going to lose the support. Next stop could be the 0.786 Fib level
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.