The price is creating a head and shoulders pattern on 4h timeframe and now the price is testing its neckline on the 0.786 Fibonacci level.
If the price is going to lose the support (0.81$) we could see a more continuation to the downside until the 0.7$
Of course, it's not enough to have just a breakout, you need to follow your strategy, for that reason we are following Plancton's rules.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
If the price is going to lose the support (0.81$) we could see a more continuation to the downside until the 0.7$
Of course, it's not enough to have just a breakout, you need to follow your strategy, for that reason we are following Plancton's rules.
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Nota
The price created a huge head and shoulders on 4h timeframe and after the breakdown, we got a 7%.Nota
The price had a breakout from the neckline and retested as new resistance.
As I said, we could see a continuation to the downside until 0.7$
Nota
Head and shoulders worked!the price had a breakout triggered our strategies and we made more than 42%
Nota
The price is creating a pennant below the daily resistance.
We could see a continuation if the price is going to have a new bearish breakout.
Amazing profit from our FREE CALL
Nota
After the head and shoulders, the price created a pennant.If the price is going to have another breakdown from the support, we could see another bearish impulse
42% since my free signal! 👍
Nota
The price is following my drawing, after a head and shoulders the price retested its neckline on 0.5 and had a bearish impulse where our students made more than 42%The price created the pennant and had a breakout and retest the previous dynamic support as new resistance.
The market is testing the 0.5 as new support, If the price is going to have a breakdown we could see a new leg down.
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.
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.