REN.X is testing fibonacci level and the daily resistance inside a weekly triangle. IF the price will have a breakout According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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Waiting for the clear breakout
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Waiting for the breakout
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BREAKOUT as expected!
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After nice breakout, the price creates a cup and handle Waiting for the next breakout
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