The price had a breakout from the descending channel and another breakout from the static daily resistance.
on the 4h timeframe the price got rejections from the 4h resistance on 0.15$.
the price needs to create a new breakout from that level.
How to approach?
The price needs to create a new higher high with volume and momentum. According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
on the 4h timeframe the price got rejections from the 4h resistance on 0.15$.
the price needs to create a new breakout from that level.
How to approach?
The price needs to create a new higher high with volume and momentum. 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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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.