The price got a bounce on the 1.272 Fibonacci ext on the daily timeframe and the price created a double bottom on this level on the daily support (0.117$)
On the 4 timeframe the price got a rejection from the weekly resistance around 0.13$
How to approach?
The price needs to grab liquidity and flip the 4h resistance on 1.125$ with volume and momentum, According to Plancton's strategy, we can set a nice order
โโโโโ
Keep in mind.
Follow the Shrimp ๐ฆ
On the 4 timeframe the price got a rejection from the weekly resistance around 0.13$
How to approach?
The price needs to grab liquidity and flip the 4h resistance on 1.125$ with volume and momentum, According to Plancton's strategy, we can set a nice order
โโโโโ
Keep in mind.
- ๐ฃ Purple structure -> Monthly structure.
- ๐ด Red structure -> Weekly structure.
- ๐ต Blue structure -> Daily structure.
- ๐ก Yellow structure -> 4h structure.
Follow the Shrimp ๐ฆ