The price is testing the dynamic 4h support above the daily resistance at 0.48%.
The market is going to try to complete the W pattern below the daily resistance at 0.54$ where the price needs to grab more liquidity to create a new breakout from the historical resistance
how to approach it?
IF the price is going to have a breakout from the neckline and retest it as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The market is going to try to complete the W pattern below the daily resistance at 0.54$ where the price needs to grab more liquidity to create a new breakout from the historical resistance
how to approach it?
IF the price is going to have a breakout from the neckline and retest it as new support, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Follow the Shrimp 🦐
Comment:
The price completed the W patter As I told you.
