The price is testing the daily support above the local demand zone on 1400$.
The market had a rejection from the weekly resistance inside a rising wedge on the 1700$ where we were waiting for a possible breakout to the upside.
How to approach it?
The price needs to grab new liquidity from the demand zone and create a new bullish impulse above the 4h resistance and descending channel, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The market had a rejection from the weekly resistance inside a rising wedge on the 1700$ where we were waiting for a possible breakout to the upside.
How to approach it?
The price needs to grab new liquidity from the demand zone and create a new bullish impulse above the 4h resistance and descending channel, so 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 🦐
Komentar:
Another Perfect Pullback until 0.5 Fib level.
The next target could be 0.618 Fibonacci level
The next target could be 0.618 Fibonacci level
Komentar:
a clear 12% since my idea.
now the price is testing the 0.618 Fibonacci level As I said in my idea.
now the price is testing the 0.618 Fibonacci level As I said in my idea.
Now the price needs to close above 1500$