The price had a rejection from the 0.381 Fibonacci level on the daily timeframe and got a new breakout from the 4h support after another rejection from the 4h dynamic resistance.
How to Approach? The price is going to retest the previous support on the 1.45$. where the price could have a pullback. 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 didn't show any sign of reaction. 16% so far
Note
As I said, If the price got another rejection we can see another bearish impulse. 28% since my FREE call
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