the price had a breakout from the descending channel as I told you in the previous idea.
On the daily timeframe, the price had a bounce exactly on the 0.618 Fibonacci level.
How to approach?
the price needs to have another breakout from the 4h resistance on 20.6 and from the weekly one 21.2$ According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
On the daily timeframe, the price had a bounce exactly on the 0.618 Fibonacci level.
How to approach?
the price needs to have another breakout from the 4h resistance on 20.6 and from the weekly one 21.2$ 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 🦐
Note
The price is trying to have a breakout from the 4h resistance as I told you on the latest idea. Wait for it!3% so far, don't miss the next breakout
Note
The price is following my drawing!More if the price is going to have a breakout from the weekly resistance
Related publications
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.
Related publications
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.