The price is testing the 4h resistance after a nice bounce from the weekly support at 1280$ area where the market has the liquidity
How to approach it?
IF the price is going to flip the resistance and confirm as new support, we could see a new bullish impulse until the 1380$ area according to our Strategies
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Follow the Shrimp 🦐
Keep in mind.
How to approach it?
IF the price is going to flip the resistance and confirm as new support, we could see a new bullish impulse until the 1380$ area according to our Strategies
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
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.
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.