The price is testing the weekly support on the 4h dynamic support after a rejection from the daily resistance on 0.382 Fibonacci retracements.
the market is printing a head and shoulders on 4h timeframe and its neckline si the dynamic support where the price bounced several times on the left.
How to approach?
We are waiting for a clear breakout of the weekly support in order to add in our watchlist and wait for applying our Plancton's Rules
–––––
Follow the Shrimp 🦐
Keep in mind.
the market is printing a head and shoulders on 4h timeframe and its neckline si the dynamic support where the price bounced several times on the left.
How to approach?
We are waiting for a clear breakout of the weekly support in order to add in our watchlist and wait for applying our Plancton's Rules
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Note
Similar to #WOOUSDT, SUSHIUSDT created a huge head and shoulders and he price lost the weekly support as neckline.7% so far, congrats to everyone
Note
the price had a breakout from head and shoulders and retest our previous neckline as new support on the weekly resistance.From this FREE CALL, we made more than 15% so far. The next support is 5$.
Note
the price had a clear breakout and retest its neckline as new support.A clear 40%
Congrats!
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.