ARPAUSDT is creating the M pattern

2 thg 7, 2022

The price is creating a clear M pattern on 4h timeframe after a nice pump from the demand zone on 0.03$
How to approach it?
IF the price is going to lose the support and retest the neckline as new resistance, 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 🦐

14 thg 7, 2022

Ghi chú

the price is testing the support.
More down if the market is going to have a breakout from its support