On the monthly chart, we can see that price is moving inside a that shows us a major trend.
The price on the could not make new recent highs, creating a and started a retracement move that got back till the 0.5 Fib level.
At this stage being also the level a quite strong support, we can expect a bounce till the 0.382 level before a new test of the support.
IF and only if the price will break below the 78.300 area, we can set a nice short order according to with Plancton's strategy.
Follow the Shrimp 🦐
Here is the Plancton0618 , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.