The price had a breakout from the huge falling wedge and now is going to test the previous resistance as new support around 0.000553.
The price had a breakout from the 4h dynamic resistance too and got the rejection from the 0.382 Fibonacci level on 4h timeframe.
How to approach?
IF the price is going to have a breakout from the 0.006, the 0.5 Fibonacci level, we can add to our watchlist, and 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 🦐
The price had a breakout from the 4h dynamic resistance too and got the rejection from the 0.382 Fibonacci level on 4h timeframe.
How to approach?
IF the price is going to have a breakout from the 0.006, the 0.5 Fibonacci level, we can add to our watchlist, and 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 🦐
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.