The price had a clear breakout from the daily resistance and retest the Fibonacci level (0.618) as new support. Now the price is trying to accumulate long position in order to have a clear breakout from the descending channel
How to approach it? IF the price is going to have a breakout and retest the resistance as new support, 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 🦐
Nota
The price is testing key levels right now, don't miss it!
Nota
the price had the breakout as I told you. 4% so far, we are monitoring the price in order to apply our rules. don't miss it
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