The price is testing important support after a rejection from the 4h resistance on 0.08$
The price needs to hold the dynamic and daily support, otherwise we could see a new bearish impulse until 0.055$
How to approach it? IF the price is going to have a breakout from the support and retest it as new 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 🦐
Kommentar
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We are waiting for a clear breakout and apply our rules. Don't miss it!
Kommentar
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This scenario is still valid. I'm waiting for the breakout from the daily support. let's see
"Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure."
I'm really hoping u could allow some insight into your strategy without me having to purchase a course as I absolutely do not have the $ to do so atm! thanks mate!
InkyGrip
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@truthfulPie1984, we provide a hint of the timeframe by the colour of the structures/trendlines/tools