The price is testing the resistance on 1160 after a rejection from the previous support.
We could see a new breakout until the 1200 area in order to grab new liquidity from that area and create a new bearish impulse.
How to approach it?
IF the price is going to have a breakout and got a new rejection, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
We could see a new breakout until the 1200 area in order to grab new liquidity from that area and create a new bearish impulse.
How to approach it?
IF the price is going to have a breakout and got a new rejection, 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 🦐
We are waiting for the breakout of the support.
We could see another retest of the resistance.
Let's see!