At the moment rejected from monthly resistance (purple one). The price will retest the weekly support structure (red one). IF the price will lose this support we can su a retest on monthly dynamic trendline (0.618 Fibonacci Level) Otherwise IF the price will break monthly resistance, we can see bullrun again. ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ノート
What I'd like to see
Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.