The price is testing the daily support after a breakout from that resistance.
Now the price is in the accumulation phase above it and the market failed to create a new higher high.
How to approach it?
IF the price is going to lose the support we could see a retracement until 0.618 Fibonacci level, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Now the price is in the accumulation phase above it and the market failed to create a new higher high.
How to approach it?
IF the price is going to lose the support we could see a retracement until 0.618 Fibonacci level, so 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 🦐
Comment:
The price is following my arrow,