The price is creating a huge falling wedge below the weekly level at 1.06$ area
The price needs to grab new liquidity and create a clear breakout and retest the current resistance as new support
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest the daily resistance as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price needs to grab new liquidity and create a clear breakout and retest the current resistance as new support
How to approach it?
IF the price is going to have a clear breakout from the resistance and retest the daily resistance as new support, 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 🦐
Comment:
The price needs to create a clear breakout from here
Comment:
The price is trying to have a breakout from here!
Comment:
We need to see a clear breakout from here
Comment:
We are monitoring the price.
The market had a breakout as I told you.
Wait for the clear breakout
The market had a breakout as I told you.
Wait for the clear breakout
Comment:
It's not enough to see just a breakout to satisfy our rules.
Check How the market got a rejection by the resistance,
The Long scenario only if the price is going to flip the main resistance as I told you
Check How the market got a rejection by the resistance,
The Long scenario only if the price is going to flip the main resistance as I told you