The price created a double bottom on the weekly support ( the red one on 0.06) and now the price is testing the 0.618 Fibonacci level.
The price could create a new higher low.
How To approach?
IF the price is going to have a breakout from the weekly resistance (0.1) we can put on our watchlist and apply our rules
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Follow the Shrimp 🦐
Keep in mind.
The price could create a new higher low.
How To approach?
IF the price is going to have a breakout from the weekly resistance (0.1) we can put on our watchlist and apply our rules
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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