The price had a breakout form the pennant as I told you on my previous analysis and now the price is testing the 4h resistance
How to approach it? IF the price is going to have a breakout 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 🦐
Note
The price is following the arrow! 22% since my idea 👀
Note
The price is going to create a bullflag above the 4h support. 22% so far and more if the price is going to have a new breakout!
Note
Wait for more! 22% so far
Note
22% so far, more if the price is going to have a breakout from the descending channel
Note
still wait for the breakout to continue the bull run
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.