The price is creating the head and shoulders on 4h timeframe after a pullback until 0.5 Fibonacci level on the daily timeframe How to approach it? IF the price is going to lose the neckline and restest 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.
⚫️ black structure -> <= 1h structure.
––––– Follow the Shrimp 🦐
Not
the price is testing the neckline, more down if the market is going to lose it
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the market is testing the neckline. Waiting for the breakout
Not
13%
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a perfect head and shoulders
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a perfect head and shoulders. congrats Planctoners! 18% so far
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