The price is creating a bear flag on 4 timeframes after the first pullback as I told you. What's the next? The price needs to hold the 4h support on 0.3$ after rejection on 0.5 Fibonacci level.
How to approach it? IF the price is going to have a breakdown from the support and retest as new resistance, 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
Still valid if the price is going to lose the support
Note
the price retested exactly our structure before the monthly support
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