The price is testing the demand zone on 0.8$ below the weekly resistance after the first rejection. In my previous Idea, I told you, wait for the clear breakout from the weekly resistance. It's not enough to see a breakout, you need a strategy to open new positions.
How to approach?
The price needs to create a new breakout from 0.86$ and retest it as new support.
IF the price is going to have a breakout, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
How to approach?
The price needs to create a new breakout from 0.86$ and retest it as new support.
IF the price is going to have a breakout, 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 🦐
Comment:
still valid, the price needs to create a new breakout from it!
Comment:
breakout as expected
