The price is testing the demand zone on the daily timeframe after the price created a falling wedge on it.
On the 4h timeframe the price is creating a double bottom on the key level.
How to approach it?
The price could get new liquidity from the demand zone in order to create a reverse trade. IF the market is going to shift the bias, and if the price is going to have a breakout, trAccording to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
On the 4h timeframe the price is creating a double bottom on the key level.
How to approach it?
The price could get new liquidity from the demand zone in order to create a reverse trade. IF the market is going to shift the bias, and if the price is going to have a breakout, trAccording 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.
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Follow the Shrimp 🦐
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.