The price had a false breakout and the market created a deviation above the 65$ area (daily resistance.
Now the price is testing the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the ascending channel and retest the support as new resistance, 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 🦐
Now the price is testing the 0.618 Fibonacci level
How to approach it?
IF the price is going to lose the ascending channel and retest the support as new resistance, 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 🦐
Note
The price is following my arrow after a double top.more if the price is going to lose the support
Note
Waiting for the last target
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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.
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.