The price had a breakout from the daily dynamic resistance and now the market is trying to have a breakout from the weekly resistance.
On the daily timeframe, we can see an inverse head and shoulders and the price creates its neckline on the weekly
How to approach?
We are monitoring the price action, we made more than 11% since the previous idea.
Now I'd like to see a breakout from the neck line with volume, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
–––––
Follow the Shrimp 🦐
On the daily timeframe, we can see an inverse head and shoulders and the price creates its neckline on the weekly
How to approach?
We are monitoring the price action, we made more than 11% since the previous idea.
Now I'd like to see a breakout from the neck line with volume, 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 🦐
注释
The price is testing the weekly resistance and we could see a retracement until the 0.618 Fibonacci level before a new bullish impulse.
Don't miss the breakout!
注释
The setup is still valid注释
The price is creating a Megaphone. A megaphone pattern is a pattern that consists of a minimum of two higher highs and two lower lows.We are waiting for a breakout from the weekly resistance.
don't miss it!
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。