The price is testing the dynamic 4h resistance after a bounce from the Daily demand zone on 9.5$.
The market needs to grab new liquidity in order to create a new breakout from the 4h resistance at 11$
How to approach it?
IF the price is going to create a new breakout and retest as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
The market needs to grab new liquidity in order to create a new breakout from the 4h resistance at 11$
How to approach it?
IF the price is going to create a new breakout and retest as new support, 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
Waiting for the breakout from the 4h resistance!Note
Wait for the breakout
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.