The price got a rejection from the monthly resistance on 0.77$ and from the dynamic resistance as well.
The price is trying to hold the 0.70$ support and create a new bull flag above it.
On 4h timeframe the price is testing the old support as new resistance on 0.72$
How to approach?
We are waiting for a breakout of the 4h resistance and we expect a pullback around 0.618 Fibonacci level on 0.76$.
According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price is trying to hold the 0.70$ support and create a new bull flag above it.
On 4h timeframe the price is testing the old support as new resistance on 0.72$
How to approach?
We are waiting for a breakout of the 4h resistance and we expect a pullback around 0.618 Fibonacci level on 0.76$.
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
The price is testing the 0.618 Fibonacci level as I told you.5% so far ☮️
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Feragatname
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.
İlgili yayınlar
Feragatname
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.