the price is creating a falling wedge on the 0.618 Fibonacci level on the daily timeframe.
the price lost an important support at 61.3 Weekly support.
How to approach?
The price needs to hold the 0.618 Fibonacci level and got liquidity for a reaction from that level. IF the price is going to flip the weekly resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
the price lost an important support at 61.3 Weekly support.
How to approach?
The price needs to hold the 0.618 Fibonacci level and got liquidity for a reaction from that level. IF the price is going to flip the 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.
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Follow the Shrimp 🦐
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