The price had a nice bull run after a bounce on the monthly support at 56$.
The price is creating a head and shoulders on 4h timeframe and now the price is going to retest the neckline at 87$.
How to approach it?
IF the price is going to lose the neckline and retest as new support, 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 creating a head and shoulders on 4h timeframe and now the price is going to retest the neckline at 87$.
How to approach it?
IF the price is going to lose the neckline 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 🦐
Note
10% since my idea.
Note
A perfect retest of my daily support12% since my call
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Related publications
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.