If the price will have a breakout downward, and flip the current daily support into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Note
If the price will lose the support, we can see a bearish impulse
Note
the price broke a bearish flag and now is testing the daily support
Order cancelled
Perfect reaction on daily support, remove it for now
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