The price is creating an M pattern on the 4h timeframe after a double top on 1.2$.
On the daily timeframe the price bounced on the dynamic daily support.
How to approach it?
IF the price is going to have a rejection from the 0.5Fibonacci level, on the M neckline, According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
On the daily timeframe the price bounced on the dynamic daily support.
How to approach it?
IF the price is going to have a rejection from the 0.5Fibonacci level, on the M neckline, 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 🦐