The price created a double bottom on the monthly structure on the Monthly support. (0.68$). After the bounce, the market had a breakout from the dynamic daily resistance.
On the 4h timeframe, the price is creating an inverse head and shoulders. the neckline is on 0.77$
How to approach?
the price needs to confirm the right shoulder and create a new breakout from its neckline. IF the price is going to have a breakout, 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 🦐
On the 4h timeframe, the price is creating an inverse head and shoulders. the neckline is on 0.77$
How to approach?
the price needs to confirm the right shoulder and create a new breakout from its neckline. IF the price is going to have a breakout, 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.
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Follow the Shrimp 🦐
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
