the price got a rejection from the monthly level at 0.43$ as I told you in my previous idea. now the price is testing the previous resistance as new support on 0.4$
How to approach it? if the price is going to lose 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 🦐
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a Clear 4% since my idea
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the price is going to test my daily support
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The price is grabbing the liquidity from the highs. We are waiting for the breakout from the 4h support and retest it as new resistance. Don't miss it!
The chart is pretty good, as is the idea in general. But the risks are quite high right now. I wonder what your risk-management strategy is for this trade?
InkyGrip
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@Solldy, maximize the profit and protect the account from losses