The price wants to retest the monthly resistance on 0.85$ after the retests on o.07 Daily support.
on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83
How to approach?
The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83
How to approach?
The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, 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 testing an important structure right now
Comment:
I'm waiting for the breakout
