The price is testing the 4h resistance after a clear breakout from the 32.5$ area.
Now the market is creating a pennant below the resistance.
How to approach it?
IF the price is going to lose the support and the pennant, and retest the support as new resistance, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
Now the market is creating a pennant below the resistance.
How to approach it?
IF the price is going to lose the support and the pennant, and retest the support 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.
- ⚫️ black structure -> <= 1h structure.
Follow the Shrimp 🦐
