the price had a breakout from the descending channel as I told you in the previous idea. On the daily timeframe, the price had a bounce exactly on the 0.618 Fibonacci level.
How to approach? the price needs to have another breakout from the 4h resistance on 20.6 and from the weekly one 21.2$ 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 trying to have a breakout from the 4h resistance as I told you on the latest idea. Wait for it!
3% so far, don't miss the next breakout
Note
The price is following my drawing! More if the price is going to have a breakout from the weekly resistance
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