The price had a breakout from the huge falling wedge and now is going to test the previous resistance as new support around 0.000553.
The price had a breakout from the 4h dynamic resistance too and got the rejection from the 0.382 Fibonacci level on 4h timeframe.
How to approach?
IF the price is going to have a breakout from the 0.006, the 0.5 Fibonacci level, we can add to our watchlist, and According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
The price had a breakout from the 4h dynamic resistance too and got the rejection from the 0.382 Fibonacci level on 4h timeframe.
How to approach?
IF the price is going to have a breakout from the 0.006, the 0.5 Fibonacci level, we can add to our watchlist, and 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 🦐