The price is in the consolidation phase between the monthly and weekly resistance On the 4h timeframe the price had a breakout and retest the previous resistance as new support.
how to approach it? IF the price is going to have a breakout from the weekly resistance and retest 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.
––––– Follow the Shrimp 🦐
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15%
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The price pumped until the monthly resistance as I told you More if the price is going to have a new breakout! Congrats Planctoners!
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A perfect MTB strategy here and 16% so far! more if the price is going to have a monthly breakout!