The price created an ascending channel above the daily support and now the market is trying to have a breakout from weekly dynamic resistance and 4h resistance.
How to approach?
IF the price is going to have a breakout from 4h resistance, we can add to our watchlist and wait for applying our rules
–––––
Follow the Shrimp 🦐
Keep in mind.
How to approach?
IF the price is going to have a breakout from 4h resistance, we can add to our watchlist and wait for applying our rules
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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.