The price is testing the dynamic support above the weekly static on 87$. The price got the rejection from the supply zone on 105 area and after a retest, It melted until the dynamic support
How to approach it? The price needs to create a new bearish impulse and create a new breakout from the weekly level. According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
––––– Follow the Shrimp 🦐
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The price is testing the weekly support right now. IF the price is going to lose it, we could see a new bearish impulse until 80$ area
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14% as expected
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the price lost the weekly support and satisfied our rules. clear 25%