The price lost the demand zone, and now the market is testing the monthly key level.
How to approach it?
If the price is going to have a breakout from the current resistance we could see a pullback until the previous demand zone
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Follow the Shrimp 🦐
Keep in mind.
How to approach it?
If the price is going to have a breakout from the current resistance we could see a pullback until the previous demand zone
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
let's see how the daily closes