The price is creating a bull flag after a breakout from the daily resistance as I told you on the previous analysis.
On 4h timeframe, the price is testing the 0.618 Fibonacci level on the daily support..
How to approach?
The price needs to have a new breakout from the bullflag with volume. Be careful to the 0.43$ resistance, it's a monthly 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 🦐
On 4h timeframe, the price is testing the 0.618 Fibonacci level on the daily support..
How to approach?
The price needs to have a new breakout from the bullflag with volume. Be careful to the 0.43$ resistance, it's a monthly 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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