the price had a breakout from the descending channel as I told you in the previous idea.
On the daily timeframe, the price had a bounce exactly on the 0.618 Fibonacci level.
How to approach?
the price needs to have another breakout from the 4h resistance on 20.6 and from the weekly one 21.2$ According to Plancton's strategy, we can set a nice order
โโโโโ
Keep in mind.
โโโโโ
Follow the Shrimp ๐ฆ
On the daily timeframe, the price had a bounce exactly on the 0.618 Fibonacci level.
How to approach?
the price needs to have another breakout from the 4h resistance on 20.6 and from the weekly one 21.2$ 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.
โโโโโ
Follow the Shrimp ๐ฆ
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