The price is testing the descending channel as resistance on the daily timeframe.
The price got the liquidity from the weekly support as I told you in my previous analysis
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.
Follow the Shrimp 🦐
The price got the liquidity from the weekly support as I told you in my previous analysis
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.
- ⚫️ black structure -> <= 1h structure.
Follow the Shrimp 🦐
Comment:
Two levels to Watch!
