Zoom out to the weekly timeframe (Grey color lines) the red lines = Daily levels.
The plan is detailed in the text on screen but the weekly frontside level has an expectation to support price over time through trend. (only time breaks trend [x/y axis data points on linear time scale dictate that, not me])
since we can't predict what happens in real time, the data points paired with if, then statements would go as follows:
If the weekly Frontside level fails, on a daily or 4hr timeframe, then, I won't rip my hair out like a price addicted Hexican who should be staking to earn T-Shares in a time appropriate ladder up to 15yrs..Anyways .
IF price fails on a lower timeframe, then it will target the support trend at (((Idea on screen))). If price bounces off the support trend and regains the weekly FS level over time (1-2 weeks) then a stable accumulation ladder with a low degree of angle is created. If price deep dives the support trend.. Then.. go to PlanB.. by the final break level and pray for dear life. 0 degree bounce or bust.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.