The price had a breakout from the dynamic daily resistance a got a rejection from the 4h dynamic resistance as well
the market is testing the daily resistance on 1.8$, it's a strong area, if you look on the left you can see how the price got a rejection from it.
How to approach? IF the price is going to have a breakout from the daily resistance and 4h dynamic resistance with volume, we can add to our watchlist and wait to apply our rules.
––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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The price got a rejection from our Dynamic resistance. As I said, we need to see a clear breakout of these structures!
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The price got a rejection from the 1.9$ from our Dynamic resistance and daily resistance as well. Our strategies were never triggered. We can remove it from our Watchlist