the price had a breakout from the bullflag and monthly resistance due to the news.
After that, the price got a rejection from the daily resistance on 0.85$.
On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$.
How to approach?
If the price is going to have a breakout from the resistance area, 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 🦐
After that, the price got a rejection from the daily resistance on 0.85$.
On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$.
How to approach?
If the price is going to have a breakout from the resistance area, 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 🦐
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.