The price is creating a descending channel on the 4h timeframe after a rejection from 54$. Inside the descending channel , the price is creating an ascending channel and the price got a rejection from the dynamic and static 4h resistance.
How to approach it?
IF the price is going to have a breakout from the support, and retest the support as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
How to approach it?
IF the price is going to have a breakout from the support, and retest the support as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Follow the Shrimp 🦐
🦐 FOLLOW THE SHRIMP🦐
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🎯 Forex Telegram: https://www.plancton0618.com/telegram/forex
🚀 Crypto Telegram: https://www.plancton0618.com/telegram/crypto
📚 Plancton's Academy: https://t.me/plancton0618Admin
🎥 YouTube: https://www.youtube.com/
Wait for the breakout