the price is inside a descending daily channel, and now the price is trying to have a breakout from it.
On the 4h timeframe the price is going to retest the 4h resistance at 0.84$ area
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 🦐
On the 4h timeframe the price is going to retest the 4h resistance at 0.84$ area
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:
MTB and CPS strategies. Congrats Students!
