On the weekly timeframe, the price had a double top on 20$ and the market melted until the demand zone.
On the 4h timeframe the price is going to create a descending channel above the demand zone.
How to approach it?
IF the price is going to get new liquidity from the demand zone, According to Plancton's strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Follow the Shrimp 🦐