BNBUSDT is creating head and shoulders?

The price got a rejection from 335$ where the market has an important daily resistance.
Now the price is testing the 4h resistance after a pullback around 280$ area.

How to approach it?
The price is creating a head and shoulders and now the price is trying to invalidate the right shoulder. IF the price is going to lose the 290$ support and retest as new resistance, According to Plancton's strategy, we can set a nice order
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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 🦐

Bình luận:

We are monitoring this head and shoulders 👀

Bình luận:

The price is testing the 0.786 Fibonacci level and the market is creating a head and shoulders. We are waiting for the breakout of 290$ to apply our strategies

Bình luận:

7% so far, more if the price is going to lose the neckline