on the daily timeframe the price is creating a pennant and the market is trying to have a breakout from it
How to approach?
IF the price is going to have a breakout from the daily and weekly resistance, 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 🦐
Comment:
Wait for the clear breakout from the pennant
Comment:
no rush, the price needs to create a breakout here
Comment:
Wait for the clear breakout from the daily resistance.
Nice volume right now
Nice volume right now