On the weekly chart the price found support at the 3300 level before starting a new impulse till the top of the channel.
ON the we can notice how the price got perfectly rejected by the monthly trendline.
During next week market can hit the daily support and break below to test again the daily channel or can bounce over it to retest the monthly channel as in the drawings.
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.