XMRUSDT on the 4h chart is trading inside an ascending channel.
The price after the yesterday's impulse is now trading in a choppy way with a retest of the 0.618 fibonacci support.
How can i approach this scenario?
I will wait for the EU market open and in the case that the price will break above the 4h resistance i will consider a long order according to the Plancton's strategy rules.
βββββ
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
βββββ
Follow the Shrimp π¦
The price after the yesterday's impulse is now trading in a choppy way with a retest of the 0.618 fibonacci support.
How can i approach this scenario?
I will wait for the EU market open and in the case that the price will break above the 4h resistance i will consider a long order according to the Plancton's strategy rules.
βββββ
Keep in mind.
π£ Purple structure -> Monthly structure.
π΄ Red structure -> Weekly structure.
π΅ Blue structure -> Daily structure.
π‘ Yellow structure -> 4h structure.
βββββ
Follow the Shrimp π¦
Comment:
waiting for the break above
Comment:
choppy upside move