The price is testing the daily resistance inside a broadening pattern.
At the moment the price is testing the 0.5 Fibonacci level on the Daily timeframe.
How to approach it?
IF the price is going to have a clear breakout and retest the resistance as new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
At the moment the price is testing the 0.5 Fibonacci level on the Daily timeframe.
How to approach it?
IF the price is going to have a clear breakout and retest the resistance 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.
- ⚫️ black structure -> <= 1h structure.
Follow the Shrimp 🦐