On the daily timeframe, the price is testing the upper trendline of the big pennant, exactly 19.5$ on 0.618 Fibonacci level and the price is going to create a Cup and handle as well.
On the 4h Timeframe the price had a rejection from the 21.2 Resistance and now it's testing the previous weekly support.
How to approach?
the price could have a false breakout of 19$. In that area the market finds the liquidity for a new bullish impulse.
the price needs to have a breakout from the 21.2 Big resistance.
So, IF the price is going to have a breakout from 21.2, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
On the 4h Timeframe the price had a rejection from the 21.2 Resistance and now it's testing the previous weekly support.
How to approach?
the price could have a false breakout of 19$. In that area the market finds the liquidity for a new bullish impulse.
the price needs to have a breakout from the 21.2 Big resistance.
So, IF the price is going to have a breakout from 21.2, 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.
–––––
Follow the Shrimp 🦐
ノート
The price got liquidity from the 0.618 . Now the price needs to have a breakout from the weekly resistanceノート
The price got the liquidity from my second drawing. More bullish if the price is going to have the breakout from the bull flag
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。