The price got a rejection from the 0.618 Fibonacci level on the 4h timeframe and created a triple top on it.
Now the market is creating equal lows on 0.51$ and we can find a demand zone on the daily support on 0.40$
How to approach it?
IF the price is going to grab new liquidity from 0.40$ we could see a reversal movement like my arrow, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Now the market is creating equal lows on 0.51$ and we can find a demand zone on the daily support on 0.40$
How to approach it?
IF the price is going to grab new liquidity from 0.40$ we could see a reversal movement like my arrow, 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 🦐
