The price got the liquidity from the 1.618 Fibonacci level and now is trying to have a breakout from the demand zone.
How to approach?
If the price is going to have the breakout from the 4h resistance and retest the resistance as new support, we could see a pullback until the previous daily structure on 0.73. According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
How to approach?
If the price is going to have the breakout from the 4h resistance and retest the resistance as new support, we could see a pullback until the previous daily structure on 0.73. 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 🦐
