The price is creating a descending channel on the daily timeframe and the price is testing the second daily resistance on 2.26$ On the 4h timeframe the price is creating an Adam and Even pattern and got a rejection from the supply zone on 2.26$
How to approach? IF the price is going to have a breakout from the supply zone and retest as new support, 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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Wait for it!
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No rush. The price needs to satisfy our rules before a new trade. We don't trade the hopes
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The price needs to create a new breakout!
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The price is testing the daily support. need to have a new breakout form the 4h resistance
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Breakout, Retest, Plancton's rules 20% so far.
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20% so far so good. More if the price is going to have a breakout from the ascending channel and daily resistance
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.