The price is creating a triangle below the dynamic daily support at 0.046$ area. The price could retest the 0.618 Fibonacci level in order to grab new liquidity and create a new bearish impulse untile the 0.04$ area on the weekly support.
How to approach it? IF the price is going to grab new liquidity and create a new bearish breakout, 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.
⚫️ black structure -> <= 1h structure.
––––– Follow the Shrimp 🦐
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The price is testing the key level. Let's see if the price is going to grab the liquidity first
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The price is following my arrow so far, let's see if the market is going to lose the support and satisfy all rules
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the price followed my arrow! MTB and CPS strategy worked well! 11%
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the price followed my arrow! MTB and CPS strategy worked well! 11%
Thanks for sharing your vision, but I don't agree with the idea. I think the price will go higher and a move can be expected soon. Another question. Do you take market and asset news into account when writing your idea?