Head and shoulder or Inverse head and shoulder? 🦐 💀
The price created a head and shoulder on daily timeframe, but You need to analyze the bigger picture.
In the weekly timeframe we can see an inverse head and shoulder and the price is testing its neckline on 0.5 Fibonacci Level.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
In the weekly timeframe we can see an inverse head and shoulder and the price is testing its neckline on 0.5 Fibonacci Level.
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
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