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 🦐
Not
Not
Wait for it!
Not
No rush. The price needs to satisfy our rules before a new trade. We don't trade the hopes
Not
The price needs to create a new breakout!
Not
The price is testing the daily support. need to have a new breakout form the 4h resistance
Not
Breakout, Retest, Plancton's rules 20% so far.
Not
20% so far so good. More if the price is going to have a breakout from the ascending channel and daily resistance
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.