The market created equal lows on 0.06$ and create double bottom on it.
Now the e price is testing the 0.5 Fibonacci level as resistance on 0.073 where the market created a 4h resistance as well.
How to approach it?
The price needs to create a new breakout from the 0.5Fibonacci level.
IF the price is going to satisfy our rules, we could see a retest on 0.786 Fibonacci level on 0.08$
–––––
Follow the Shrimp 🦐
Keep in mind.
Now the e price is testing the 0.5 Fibonacci level as resistance on 0.073 where the market created a 4h resistance as well.
How to approach it?
The price needs to create a new breakout from the 0.5Fibonacci level.
IF the price is going to satisfy our rules, we could see a retest on 0.786 Fibonacci level on 0.08$
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.