The price is creating an ascending channel on the 4h timeframe the the price is testing the 0.618 Fibonacci level.
How to approach?
We are waiting for a new breakout from the daily resistance and weekly resistance. IF the price is going to have a breakout According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Follow the Shrimp 🦐
