the price is testing a key level on 2.73 on the weekly support where the price got several bounces. On the 4h timeframe the price is creating a descending channel below the 4h resistance on 2.75$
How to approach? The price needs to have a clear breakout from the descending channel and retest the 4h resistance as new support and confirm the weekly support. IF the price is going to have a 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.
––––– Follow the Shrimp 🦐
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BOOM! 7% since my previous idea (a few hours ago!)