The price is creating a descending channel on the daily timeframe and the price is testing the second daily resistance on 2.26$
On the 4h timeframe the price is creating an Adam and Even pattern and got a rejection from the supply zone on 2.26$
How to approach?
IF the price is going to have a breakout from the supply zone and retest as new support, 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 🦐
On the 4h timeframe the price is creating an Adam and Even pattern and got a rejection from the supply zone on 2.26$
How to approach?
IF the price is going to have a breakout from the supply zone 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.
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Follow the Shrimp 🦐
Note
Note
Wait for it!
Note
No rush.The price needs to satisfy our rules before a new trade.
We don't trade the hopes
Note
The price needs to create a new breakout!Note
The price is testing the daily support. need to have a new breakout form the 4h resistanceNote
Breakout, Retest, Plancton's rules 20% so far.
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20% so far so good.More if the price is going to have a breakout from the ascending channel and daily resistance
Note
MINA wants to go higher! 31% since my callcongrats Planctoners
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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.