The price had a clear breakout from my previous 4h structures.
The market had a breakout from the recent 4h resistance and now it's testing it as new support exactly on the 0.5 Fibonacci level
The market is creating a cup and handle as well.
What's next?
The price needs to create a new breakout from the next 4h resistance in order to reach the 0.38$ area
Note
14%Note
The price got the liquidity and the market is going to retest the weekly resistance
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.