The price is testing the dynamic resistance at 10$ area. the price bounced exactly on the weekly support on 8$ and the market is creating an inverse head and shoulders below the daily resistance (neckline)
How to approach it? IF the price is going to have a breakout from the resistance and retest 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 🦐
注释
the price is creating a bull flag below the daily resistance. If the price is going to have a breakout from it, we could open a new long position according to Plancton's Strategies
注释
7% since my idea and now we are waiting for the breakout