The price got a rejection from the monthly resistance on 0.77$ and from the dynamic resistance as well. The price is trying to hold the 0.70$ support and create a new bull flag above it. On 4h timeframe the price is testing the old support as new resistance on 0.72$
How to approach? We are waiting for a breakout of the 4h resistance and we expect a pullback around 0.618 Fibonacci level on 0.76$. 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 🦐
노트
The price is testing the 0.618 Fibonacci level as I told you. 5% so far ☮️