The price is creating an ascending channel on the daily timeframe below the weekly resistance after the price got liquidity as I told you in my previous idea on 0.886 Fibonacci level
On 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance
How to approach? the price needs to have a clear breakout from these structures with volumes and momentum, the market created a strong resistance on 21.2.
So if the price is going to have a breakout from the descending channel, 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 4h timeframe, the price is creating a descending channel and now the market is testing the 20$ resistance
How to approach? the price needs to have a clear breakout from these structures with volumes and momentum, the market created a strong resistance on 21.2.
So if the price is going to have a breakout from the descending channel, According to Plancton's strategy, we can set a nice order
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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 🦐
Nota
The price is testing the weekly resistance, wait for the breakout!Nota
The price is trying to have a flip as I told you
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.