The price created a W pattern and now the price is testing the neckline as new support on 57$.
the price got a clear rejection from 63$ area where the market created a 4h resistance.
How to approach it?
IF the price is going to lose the support and retest it 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 🦐
the price got a clear rejection from 63$ area where the market created a 4h resistance.
How to approach it?
IF the price is going to lose the support and retest it 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 testing the support so far.Bearish if the price is going to lose it
Note
Still waiting for the breakout from the support. Let's see!Note
W pattern breakout, MTB and CPS strategies, and 14% without any Leverage.Note
a clear 21% after the breakout as I told you in my description
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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.