The market had an important bounce on the Monthly key level and it created an ascending channel
The price is testing the 4h resistance right now after the market created an inverse head and shoulders on the daily timeframe.
How to approach?
If the price is going to have a breakout from the 4h and weekly 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 🦐
Wait for the reaction