The price wants to retest the monthly resistance on 0.85$ after the retests on o.07 Daily support.
on 4h Timeframe the price had a breakout from the daily dynamic resistance and now is testing the supply zone on 0.83
How to approach? The price needs to have a new breakout with Volume and confirmations from the Monthly resistance, After that, 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 🦐
ノート
the price is testing an important structure right now