The price is creating a bear flag on 4 timeframes after the first pullback as I told you.
What's the next?
The price needs to hold the 4h support on 0.3$ after rejection on 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakdown from the support and retest as new resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
What's the next?
The price needs to hold the 4h support on 0.3$ after rejection on 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakdown from the support and retest 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 🦐
Kommentera:
Still valid if the price is going to lose the support
Kommentera:
22%
the price retested exactly our structure before the monthly support
22%