The price is testing the 0.618 Fibonacci level after the first bullish impulse.
The market is below the 4h resistance where the price got several rejections.
How to approach it?
The price needs to create a new bullish impulse above the 4h resistance and retest ad new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The market is below the 4h resistance where the price got several rejections.
How to approach it?
The price needs to create a new bullish impulse above the 4h resistance and retest ad 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.
Follow the Shrimp 🦐
Comment:
The price needs to create a new breakout from it
Comment:
13% after the breakout as I told you